Japanese Yen forecast page 2 - jpy japanese yen jap yen yen

Currency roundup: Euro soars as Yen plummets The Euro has strengthened close to a 10-month high against the US Dollar after Spain’s borrowing costs fell during a €4.5 billion sale of government bonds boosting confidence in the European debt markets. As a result the single currency strengthened against all 16 of its major peers...

Japan’s recently-elected Prime Minister Shinzo Abe issued a statement of intent last night when his new government announced that it will be injecting a mammoth 10.3 trillion Yen of new credit into the nation’s ailing economy in an attempt to spur domestic economic growth. Japan’s policymakers have estimated that the package, which...

The Bank of Japan announced during last night’s Asian session that it is set to throw the proverbial kitchen sink at its flagging economy in an effort to increase activity levels. The Japanese central bank has revealed within the last four hours that it is to add a whopping Y10tn to its existing asset purchase scheme in order to promote the...

The early part of this week’s session has brought the release of a mixed bag of data from Asia’s two leading economies. Chinese Industrial Production and Retail Sales data, released on Sunday, provided room for optimism, revealing that factory output and shop sales had increased at an accelerated rate last month. However, the positive...

The single currency has fallen for a second day in a row following Mariano Rajoy’s denial that Spain will request a bailout. Rajoy told his fellow European leaders at a summit in Brussels that his nation doesn't feel under any pressure to request a bailout despite the markets growing increasingly annoyed with the delays and...

The Japanese Yen is set to make its biggest decline against the US Dollar since August due to increasing speculation that the Bank of Japan will boost stimulus in an effort to get the nation’s economy back on course. Such a move will almost certainly lead to a reduction in demand for the nations assets as a safe-haven. Bank of Japan...

They used to say that America sneezed and the rest of the world caught a cold. Last night’s Chinese Q3 GDP growth data, which showed that economic activity in the world’s second largest economy slipped from an annualised 7.6% during Q2 to 7.4% in the three months to the end of September, suggests that it’s now a case of the world...

Fears that levels of economic activity in New Zealand’s commodity-dependent economy are dropping off the edge of a cliff were allayed by the release of Q2 GDP growth data during last night’s Asian session. The numbers revealed that the Kiwi economy had expanded by an annualised 2.6% in the three months to the end of June – up from...

One key piece of information appears to have been lost in the euphoria which surrounded ECB President Mario Draghi’s announcement of last Thursday that his Bank would be committing ‘unlimited’ funds to its latest bond purchase scheme – that fact is that the real economy in the eurozone is starting to sag under the pressure of the...

Weak Chinese trade figures overnight have taken the edge off global stocks as this week’s session grinds to a halt. The move has caused some support for the US DOLLAR, sending the GBP USD exchange rate down to 1.5576 in early trading today. Disappointing Canadian employment numbers this afternoon have added to the bleak mood, upping the...