Yen notches top jump in nearly three months

Posted On: May 23, 2013
The monetary unit of Japan achieved its largest jump in nearly 90 days on Thursday against the U.S. dollar on foreign exchange markets, marking gains of at minimum 0.5 percent against each of its top 16 counterparts, Bloomberg reports. [More]

Category: Industry News

Yen dives after BOJ commits to doubling monetary base

Posted On: May 21, 2013
The monetary unit of Japan dropped to its lowest value in 36 months on Wednesday on foreign exchange markets in the aftermath of policy makers with the central bank of the Pacific Rim nation stating it will adhere to a plan to double the amount of the monetary base during a 24-month period, Bloomberg reports. [More]

Category: Industry News

Yen slips after minister addresses weekend remarks

Posted On: May 21, 2013
The monetary unit of Japan lost value on Tuesday against the U.S. dollar on foreign exchange markets after the economy minister of the Pacific Rim nation attempted to clarify the past weekend's remarks that prompted the currency to rally, Bloomberg reports. [More]

Category: Industry News

Yen climbs after economy minister suggests stimulus end is near

Posted On: May 20, 2013
The monetary unit of Japan climbed from its lowest value in well more than four years against the U.S. dollar on foreign exchange markets on Monday in the aftermath of the economic minister of the Pacific Rim nation noting the currency might no longer be subject to weakening, according to Reuters. [More]

Category: Industry News

Yen dives as G7 supports stimulus measures

Posted On: May 13, 2013
The monetary unit of Japan declined against the U.S. dollar on Monday on foreign exchange markets after finance officials with the Group of Seven nations did not criticize the nation for its aggressive monetary stimulus activity, Reuters reports. [More]

Category: Industry News

Yen drops to 4-plus year low against dollar

Posted On: May 10, 2013
The monetary unit of Japan slumped to its lowest level in more than four years against the U.S. dollar on foreign exchange markets after official economic data noted investors in the Pacific Rim nation enhanced ownership of international bonds, Bloomberg reports. [More]

Category: Industry News

Yen marks three straight days of losses against dollar

Posted On: May 06, 2013
The monetary unit of Japan lost value for the third consecutive trading session against the U.S. dollar on Monday on foreign exchange markets as strong U.S. labor market data watered down demand for the currency of the Pacific Rim nation, according to Bloomberg. [More]

Category: Industry News

Yen marks second straight day of gains against greenback

Posted On: April 26, 2013
The monetary unit of Japan achieved a second consecutive trading session of gains on Friday on foreign exchange markets after the central bank of the Pacific Rim nation adhered to its commitment to double the size of its monetary base as part of the drive to comply with its inflation target, according to Bloomberg. [More]

Category: Industry News

Yen climbs following three straight days of losses

Posted On: April 25, 2013
The monetary unit of Japan advanced on Thursday on foreign exchange markets against the world's reserve currency, reversing three consecutive trading sessions of losses, according to Bloomberg. [More]

Category: Industry News

Yen continues losing value on foreign exchange markets

Posted On: April 24, 2013
The monetary unit of Japan slumped on Wednesday on foreign exchange markets amid speculation that worldwide central banks will continue moving forward with stimulus programs to spur the economies they support, according to Bloomberg. [More]

Category: Industry News