Saturday, 22nd July 2017

Japanese Yen News

This is the category page for all Japanese Yen news here on ukfx.co.uk...

Dollar drops against the euro

31 Jul at 9 AM

News Item Link: Dollar drops against the euro

The US dollar has fallen against the euro ending close to a six-week low. Investors are expecting economic growth for the second quarter of the year to be soft. If this is the case it is likely that the Federal Reserve will choose to keep interest rates low. Although the first quarter saw a GDP rise of 1.8 per cent, analysts are expecting...

Dollar extends its decline

24 Jul at 9 AM

News Item Link: Dollar extends its decline

The decline in the dollar continues as the greenback hits its lowest level in around a month. However, investors are now focused on economic data to be released by China later. Any signs that the world’s second-largest economy is slowing down could offer support to the dollar. The dollar index fell 0.3 per cent on Tuesday and is...

Dollar softens against the yen

17 Jul at 9 AM

News Item Link: Dollar softens against the yen

A dovish approach by chairman of the US Federal Reserve, Ben Bernanke, has pushed the dollar lower. Overnight the greenback slid to its lowest level in nearly three weeks with the dollar index losing 0.6 per cent to hit 82.639. This saw some recovery in the euro, which ended at $1.3140. Although the dollar is down on its high of 101.53...

Euro and pound hammered

10 Jul at 10 AM

News Item Link: Euro and pound hammered

Suggestions that the European Central Bank intends to keep interest rates low for the foreseeable future have driven the euro and the pound down. The single currency is currently trading at $1.2779, having earlier dipped as low as $1.2755. Joerg Asmussen, policy-maker at the ECB, said he expected interest rates to remain at a record low for...

Dollar strong against other currencies

3 Jul at 9 AM

News Item Link: Dollar strong against other currencies

The dollar is continuing to hold its own against other major currencies ahead of tomorrow’s holiday in the US and expectations that jobs data to be released on Friday will be positive. Economists are expecting 165,000 new jobs to have been created in June and the rate of unemployment to be 7.5 per cent. The strong data will support...

Dollar up as data indicates US economic recovery

26 Jun at 9 AM

News Item Link: Dollar up as data indicates US economic recovery

A batch of broadly positive data coming out of the US has seen the dollar recover. The strong house price figures, and a rise in business spending, support the Federal Reserve’s view that the US economy is firmly on the road to recovery. Fed chairman Ben Bernanke recently announced that the central bank could begin reining in its policy of...

Euro up as all eyes focus on the Fed

19 Jun at 9 AM

News Item Link: Euro up as all eyes focus on the Fed

The US dollar has managed to crawl back a tad against a basket of other currencies, but remains close to a four-month low. Although the greenback is up slightly against the yen it is down against both the Swiss franc and the euro. Investors are now concentrating on the results of a policy meeting at the US Federal Reserve to see if Chairman...

Dollar hit by BoJ stimulus decision

12 Jun at 9 AM

News Item Link: Dollar hit by BoJ stimulus decision

The yen is up significantly against the US dollar following the Bank of Japan’s decision not to introduce any fresh stimulus. The worry for investors is that other central banks could also decide to cut short their easy money programmes. All eyes have been on the Federal Reserve recently to see whether its bond buying programme will be...

Dollar firm ahead of jobs report

5 Jun at 9 AM

News Item Link: Dollar firm ahead of jobs report

The US dollar has recovered some ground against the yen after falling to its lowest level in four weeks against the Japanese currency on Monday. The greenback was given additional support following reports that the Japanese government will push public pension funds to invest in overseas assets and equities. The dollar gained 0.4 per cent...

Dollar strengthens on positive economic data

29 May at 9 AM

News Item Link: Dollar strengthens on positive economic data

Investors are being drawn to the US dollar after strong economic data coming out of the States raised expectations that the Federal Reserve will begin to rein in its easy money programme. The yen has also been given a boost by falling Japanese stocks. The yen is up 0.3 per cent against the greenback to 102.14. On Tuesday the yen dropped...