TOKYO - Japanese data on Friday showed a mixed outlook for the world's third-largest economy while a renewed decline in the value of the yen is adding to uncertainty over whether the recovery is gaining ground. By some measures, Japan's economy is on ...
South China Morning Post (subscription) - May 28, 2015
The US dollar soared to its highest level against the Japanese yen in more than 12 years, on speculation an interest rate hike in the US will take place sooner than expected and more monetary easing will be announced by Japan's central bank.
The Japanese Yen finished the week notably lower versus the US Dollar but stuck to its long-standing trading range. A big week for FX markets ahead might be enough to finally force a break in the slow-moving US Dollar/Japanese Yen exchange rate.
Investing.com - The Japanese yen held stronger after central bank board meeting minutes that saw no need for further easing now, while markets focused on the chances of Greece reaching a deal with creditors before next week.
TOKYO—Japanese companies made record profits in the most recent financial year at a rate not seen since before the global financial crisis, thanks partly to a weaker yen that fattened earnings of big exporters. Domestic demand in Japan remained soft ...
The Japanese Yen has fallen to its lowest level against the US Dollar since July 9, 2007 this afternoon. Currently the pair sits at 122.45, fractionally below the daily high of 122.66 struck in early European trade.