yen Archive

Dollar steadies against yen, while Aussie dollar surges

Source photo The dollar was almost flat against the yen during Asia trade Thursday, with brightened sentiment prompting selling of the Japanese currency and its perceived safety, which offset dollar selling by investors looking to lock in profits. Meanwhile, the Australian dollar jumped against its rival currencies following a sharp drop in the nation’s unemployment [&hellip

Read More…

Dollar trades atop ¥123 in wake of U.S. jobs report

Source photo The dollar stabilized on Monday in spot foreign-exchange trading in Asia, after stronger-than-expected U.S. jobs data on Friday boosted the currency sharply higher on expectations of a rate increase from the U.S. Federal Reserve in December. Yet foreign-exchange market participants are looking beyond the possible rate increase at the December meeting, and starting [&hellip

Read More…

Currencies: Dollar up against yen on report BOJ planning fresh stimulus

Source photo The dollar was higher against the yen in choppy Asia trade Friday, supported by a local media report that the government is putting together a fresh fiscal stimulus in the form of a supplementary budget exceeding Y3 trillion ($25 billion). The greenback USDJPY, -0.29% was at ¥120.82 compared with ¥121.11 late Thursday in [&hellip

Read More…

Dollar slightly higher, hits resistance at ¥120

Source photo The dollar inched up against the yen in range-bound Asia trade Wednesday, with investors largely sitting on the sidelines with no fresh trading cues. The currency USDJPY, +0.04% briefly hit as high as ¥120.01 in keeping with stock market strength in the mid-afternoon, crossing the ¥120-mark for the first time since Oct. 13. [&hellip

Read More…

Dollar loosens yen grip, rises after nearly two-month lows

Source photo The U.S. dollar extended gains against the Japanese yen in Asia trade Friday, as dip-buying kicked in after it tumbled overnight to its lowest level in nearly two months. The dollar USDJPY, +0.11% was at ¥119.17, compared with ¥118.91 late Thursday in New York. The U.S. currency hit as low as ¥118.06 overnight, [&hellip

Read More…

Dollar drops against yen as risk-off mood persists

Source photo The dollar moderately weakened against the yen and the euro in Asia trade Wednesday, as the Japanese and eurozone currencies were bought amid volatility in riskier assets. The greenback USDJPY, -0.10% was at ¥119.68, compared with ¥119.74 late Tuesday in New York. The U.S. currency was slightly weaker against the euro EURUSD, +0.3251% [&hellip

Read More…

Currencies: Yen higher against dollar, rivals as risk appetite wanes

Source photo The yen strengthened against its rival currencies in Asia trade Tuesday, as slumping Asian stocks and weak China trade data prompted investors to buy the safety of the Japanese currency. The greenback USDJPY, -0.34% was at ¥119.84, compared with ¥120.00 late Monday in New York. The U.S. currency was biased lower against the [&hellip

Read More…

Currencies: Dollar keeps gains against yen ahead of BOJ meeting

Source photo The dollar maintained its gains since last week against the yen in Asia trade Monday, as investors remained cautious before the Bank of Japan wraps up its policy setting meeting later this week. The greenback was at ¥120.04 yen, compared with ¥119.90 yen late Friday in New York, The U.S. currency was lower [&hellip

Read More…