JPY
Dollar Tops 80 Yen
…”We are looking at a sea change in the strength of the yen,” said Brian Dolan, chief currency strategist at Forex.com.”Japanese life insurers have been removing their hedges since last week and that is putting pressure on the yen,” he said. “The Bank of Japan’s…
Stocks, Commodities Decline After Economic Reports; Yen Weakens
…Yields on 10-year U.S. Treasuries declined three basis points to 2.03 percent. The yen fell as low as 80.38 per dollar.
At the open: Dow -0.09% to 12954. S&P -0.09% to 1361. Nasdaq -0.18% to 2586. Treasurys: 30-year +0.34%. 10-yr +0.11%. 5-yr +0.07%. Commodities: Crude…
…At the open: Dow -0.09% to 12954. S&P -0.09% to 1361. Nasdaq -0.18% to 2586. Treasurys: 30-year +0.34%.
Yen Slips, Dollar Lifts, Euro Manufacturing Slows
…The Australian and New Zealand dollars nudged lower as investors took profits on the currencies after the Greek bailout deal. [CNBC] The currency market is experiencing its first slowdown since the 2008 financial crisis. [WSJ] The British pound hit a 10-week…
Mazda eyes $2 billion share offering as strong yen bites
…auto analyst at CLSA Asia-Pacific Markets. “They need to get out from under this yen burden.” Excluding the overallotment portion of the offer, Mazda would raise 147 billion yen and dilution would be 62 percent. Mazda is seeking another 70 billion yen in subordinated…
UBS Cuts Medium-Term Yen Forecasts
…Y90. It also changed its forecasts for the euro against the yen and now sees the single currency at Y98 by end-2012 from Y92 previously. UBS expects the euro to be at Y99 by end-2013, compared with its previous forecast of Y93.
FOREX-Yen hits 7-mth low vs dlr; euro outlook cautious
…asset buying programme last week. Some analysts said the move could mark the end of the yen’s long-term uptrend that prompted Japanese authorities to intervene in the currency market three times last year. Comments from a Japanese Ministry of Finance official,…
USD/JPY crosses 80, pushes up against major 50% retracement level
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USD/JPY Renews Uptrend Above 80
…Open 79.81 High 80.29 Low 79.55 Close 79.72 On Tuesday Dollar/Yen increased insignificantly with 30 pips. The currency couple appreciated from 79.55 to 79.87 yesterday, not matching the very negative Interbank sentiment at bellow -62%, closing the day at 79.72….
MOF Official: Not Uncomfortable With Yen’s Current Movement
…Ministry of Finance said Wednesday he doesn’t have “any sense of discomfort” with the yen’s recent declines, but he signaled that the government will stay on alert against possible rebounds in the Japanese currency. read full article… This article is available…
FOREX-Yen drops to 7-mth low vs dollar; euro pressured
…to the yen’s rise was persisting and Japan would respond appropriately, added to broad yen weakness. The euro rose to a three-month peak against the Japanese currency of 106.33, its highest since mid-November. “I find it quite notable that the (Japanese) move…
Dollar rises to 7-month high versus yen
…dollar rose to a 7-month high versus a broadly weaker yen on Wednesday as the Japanese currency came under pressure in the wake of dovish comments on the currency from a Japanese official and recent monetary easing measures from the Bank of Japan. The dollar…
Forex – Dollar at six-month high against broadly weaker yen
…of the package have persisted. The yen was also lower against the euro, with EUR/JPY surging 0.70% to hit 106.26. Later in the day, the U.S. was to publish industry data on existing home sales, while the euro zone was to produce preliminary data on manufacturing…
USD/JPY Forecast February 22, 2012, Technical Analysis
…USD/JPY continued to grind away just under the all-important 80 level on Tuesday as traders try to challenge one of the most obvious points of resistance on any chart in the Forex markets presently. The move recently has been parabolic, and as a result there…
Mazda May Raise 232.8 Billion Yen Via Record Share Sale, Loan
…most export-reliant carmaker is bracing for a 100 billion yen annual loss after the yen appreciated against all major currencies during 2011, which has also driven down earnings at Toyota Motor Corp. and Honda Motor Co. The proceeds may help the company avoid…
FOREX-Yen extends drop, hits 6-month low vs dollar
…at the cloud top, which comes in at 80.94 this week. Although the euro rose against the yen, the single currency struggled to make headway against the dollar, having retreated from near two-week highs hit the previous day as optimism over the long-awaited…
Currencies: Dollar pushes higher, rising above 80 yen
…according to FactSet Research data. But some analysts were skeptical the pace of the yen’s fall could be sustained. Jens Nordvig, a currency strategist at Nomura, wrote in a report that the brokerage house was reluctant to call for a big yen-weakening move…
Forex-Euro relief proves fleeting; yen hits 6-mth low vs dollar
…deal quickly gave way to concerns about economic growth and implementation risks. The yen dipped against the dollar and touched a fresh six-month low, staying on the defensive after the Bank of Japan’s surprise monetary easing last week. The euro held steady…
Dollar Rises to Six-Month High Against Yen as Asian Shares Gain
…and delays in earthquake reconstruction. The euro was little changed at $1.3229. The currency has climbed 0.8 percent in the past week, the second-biggest advance among 10 developed nation peers tracked by Bloomberg Correlation Weighted Indexes.
Yen Falls in Longest Streak in 2 Months; Euro Gains on Greece
Feb. 21 (Bloomberg) — The yen fell for a fourth day versus the dollar, the longest losing streak in more than two months, as investors sold the Japanese currency to buy higher-yielding assets. The euro rose against all but one of its major counterparts
