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USD/JPY Adjusts Amid Mixed Signals From Japan's Economic Data
Friday, October 18, 2024 - 1:27pm | 524By RoboForex Analytical Department USD/JPY is experiencing a correction phase following two days of gains as mixed economic signals emerge from Japan. Despite ongoing expectations for monetary tightening by the Bank of Japan (BoJ), the yen faces downward pressure from a slowdown in domestic...
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The Dollar's Surprising Dance With The Yen - What's Really Driving The Market And What Lies Ahead!
Thursday, January 18, 2024 - 8:44am | 356The dollar index saw a modest increase of 0.12% on Martin Luther King Jr. Day. The USD/JPY pair demonstrated the dollar's strength, with the dollar significantly outperforming the yen, increasing by 3.8% since December 2023. Throughout 2023, the dollar experienced a 7.5% rise...
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Dollar Dives Vs. Yen: BoJ Governor Signals End In Sight For Negative Interest Rates
Thursday, December 7, 2023 - 11:25am | 689The U.S. dollar fell sharply against the Japanese yen on Thursday as foreign exchange traders interpreted comments by Bank of Japan governor Kazuo Ueda to suggest the central bank will soon end its negative interest rate policy. The U.S. currency fell 2.6% against the yen (USD/JPY) in early trading...
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The US Dollar's Sudden 2% Plunge And Resilient Rebound - The Ripple Effect On Exchange Markets
Tuesday, November 7, 2023 - 10:05am | 423October's labor market performance fell short of expectations, potentially influencing the Federal Reserve's stance on interest rates and providing support for the dollar. Following the Non-Farm Payroll report, the dollar experienced a 1% decline. The dollar has seen a notable 14% increase...
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Japanese Yen Eyes Potential Intervention Amid Rising USD/JPY
Monday, October 23, 2023 - 12:04pm | 485By RoboForex Analytical Department The USD/JPY currency pair, after almost breaching the significant 150.00 threshold, retreated slightly. As of Monday morning, the pair stands close to this pivotal mark at 149.93. This temporary pullback is hinged on the anticipation that the US Federal Reserve...
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Yen's Downward Trajectory Continues As Market Anticipates BOJ's Move
Monday, September 25, 2023 - 11:09am | 431By RoboForex Analytical Department The USD/JPY pair is drawing nearer to the closely watched 150.00 level, currently experiencing most of its activity around 148.40, as of Monday. The market remains in anticipation of potential financial interventions from the Bank of Japan (BOJ). The BOJ has...
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USD/JPY Is Bullish Near 110.00, Further Advances Likely In The Short-Term
Thursday, May 27, 2021 - 4:04pm | 441The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. USD/JPY Current price: 109.76 US President Joe Biden said to announce a $6 trillion budget. Higher government bond yields and...
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Global Markets Take A Breather After Consecutive Days Of Gains
Thursday, November 12, 2020 - 4:59am | 530Major markets across the globe closed lower or are trading in red, as traders book profits after consecutive days of the market rally. The Dow futures are trading lower by 0.73%, and the S&P 500 futures are down by 0.64% on the last check Thursday. WTI crude futures are up 0.46% to $41.64...
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Global Markets Today: Nikkei Surges To 3-Decade High
Wednesday, November 11, 2020 - 5:44am | 599Global markets have continued the positive trend on Wednesday, taking cues from the U.S. indices. The Dow futures are up 0.37%, and the S&P 500 futures have gained 0.33% in early Wednesday's trade on the last check. WTI crude futures are up 2.3% to $42.32, while gold futures are down...
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Global Markets Continue The Positive Trend After Monday's Massive Gains, Dollar Weakens
Tuesday, November 10, 2020 - 4:53am | 607Markets across the globe continue to show optimism on Tuesday after clocking substantial gains on Monday on Joe Biden's victory and positive news from Pfizer Inc's (NYSE: PFE) on its COVID-19 vaccine candidate. The Dow futures are trading higher by 0.32%, and the S...
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Global Markets Cheer Joe Biden's Victory
Monday, November 9, 2020 - 5:13am | 541Shares have staged a big market rally globally on Monday as investors cheer President-elect Joe Biden's victory, hoping for election-driven market uncertainty to fade. Major U.S. futures have also advanced in Monday's early trade, with the Dow futures up 1.34%, S&P 500 futures up 1...
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Global Markets Continue The Positive Trend As Biden Inches Closer To A Win
Friday, November 6, 2020 - 5:16am | 670Stocks across the globe remained mostly positive as Democratic presidential nominee Joe Biden edges closer to a win. Major Asian markets closed higher on Friday while European markets opened on a sluggish note. The Dow futures are trading lower by 0.12%, and the S&P 500 futures are down by 0.24...
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Global Markets Rally On Odds Of Biden Win, Divided US Congress
Thursday, November 5, 2020 - 4:53am | 644Shares across the globe are rising sharply as the U.S. election results so far point to the odds of Democratic nominee Joe Biden winning the presidency and the U.S congress remaining divided among Republicans and Democrats. Major U.S. futures are rising at press time early Thursday, with...
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Global Markets Today: Asia Mixed, Europe Falls As US Election Race Remains Tight
Wednesday, November 4, 2020 - 5:20am | 583Global stocks remain volatile on Wednesday, along with major U.S. indices futures swinging wildly amid a tight race in the U.S. presidential election. On last check early Wednesday, the Dow futures had given up the day's gains and fell 0.24%, while the S&P500 was up 0.68%. WTI...
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Buy Japanese Yen To Hedge Against Election Uncertainty: Goldman Sachs
Tuesday, November 3, 2020 - 8:01am | 464Investors dealing with uncertainty over the presidential elections should consider parking funds in Japanese Yen, Goldman Sachs Group Inc (NYSE: GS) co-head of global foreign exchange and emerging markets strategy, Zach Pandl, said in an interview to CNBC Street Signs Asia. In...