The US Dollar (via DXY Index) is starting Friday's session in Asia on its back boot, retesting its rising trendline from the September 8, September 20, and October 13 lows.
moreThe yen, which gains in times of crisis because Japan is the world's largest creditor nation and benefits from speculation about repatriation of Japanese money from overseas, also slid to a 21-month low against the euro. Another safe haven, the Swiss ...
more| 28 Aug 2017 07:00 | Seeking Alpha |
Japan's gross domestic product grew at an annualized 4%, beating the 2.5% expected for the second quarter. But I do not believe this economic growth is enough to support the yen because deflation is still a major concern, making rate hikes impossible.
moreThe Japanese Yen was steady against the US Dollar Monday, despite a survey of big manufacturers which found them more cheerful than they've been for more than three years and seemed to underscore the Bank of Japan's relative economic optimism.
more| 21 Jun 2017 23:41 | Investing.com |
For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 111.33. On the data front, Japan's final machine tool orders climbed 24.5% YoY in May, compared to a gain of 24.4% recorded in the preliminary figures.
more| 13 Jun 2017 04:11 | Investing.com |
On the data front, Japan's flash machine tool orders rose 24.4% on an annual basis in May, after recording a gain of 34.7% in the prior month.
more| 12 Jun 2017 11:41 | ForexTV.com |
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more| 27 Jan 2017 04:10 | Wall Street Journal |
Consumer prices out Friday showed a slower pace of decline, with core prices excluding fresh food falling 0.2% in December from a year earlier, slightly less than the 0.4% fall in November.
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