Yen weakens over 1% as BOJ governor flags economic uncertainty

Yen weakens over 1% as BOJ governor flags economic uncertainty

TOKYO -- The Japanese yen weakened on Thursday after Bank of Japan Gov. Kazuo Ueda struck a dovish tone, highlighting "extremely high" policy uncertai

The Japanese yen adds losses inspired by the moderate box; reaches minimum of several weeks against the dollar - World Stock Market

The Japanese Yen depreciates for the fourth consecutive day in front of his American counterpart. The moderate perspective of the BOJ and a positive risk tone continue to undermine the JPY, considered safe refuge. The USD preserves its profits to a maximum of several weeks and also offers support to the USD/JPY pair. The Japanese Yen (JPY) is still undermined by the moderate pause of the Bank of Japan (BOJ) the previous day and falls to a minimu…

USD/JPY rallies as BoJ caution and US data push pair to two-week high

The USD/JPY is trading with strong gains near 146.00 as the Yen damages greatly following the BoJ’s dovish policy assistance. United States out of work claims rose to 241,000 while the ISM Production PMI slipped to 48.7, strengthening expectations for Fed rate cuts later on this year. Technical outlook stays bullish short-term, with the set screening resistance near 146.64 and assistance seen around 145.04. The USD/JPY is trading with noteworthy…

May Day: Dovish Hold By BOJ And Broadly Firmer Dollar

The US dollar is mostly firmer in thin May Day turnover. The Japanese yen is the weakest of the G10 currencies following what is seen as a dovish …

FX Markets Hold Range While Yen Extends Slide - Action Forex

Yen weakness remains the dominant theme in an otherwise range-bound forex market today. While all other major pairs and crosses are contained within yesterday’s trading range, the Japanese currency continues to lose ground as traders react to BoJ’s dovish tone. Governor Kazuo Ueda attempted to soften the impact of the downgraded growth outlook and emphasized […] The post FX Markets Hold Range While Yen Extends Slide appeared first on Action Fore…

JPY pushes lower by dovish BoJ pulling back on tightening clarity – Scotiabank

The Japanese Yen (JPY) is weak, down 0.9% against the US Dollar (USD) and underperforming all the G10 currencies in response to the BoJ’s latest policy meeting, Scotiabank's Chief FX Strategist Shaun Osborne notes.