The decline of the US Dollar against the Japanese Yen has gained some breath due to a fundamental event.
The junior channel down pattern of the USD/JPY currency exchange rate has managed to break the dominant descending channel.
On Wednesday morning the currency exchange rate finally reached the 110.00 mark.
On Tuesday the currency exchange rate remained near previous levels, as the pair
On Monday morning the US Dollar continued to decline against the Japanese Yen.
On Friday morning the USD/JPY currency pair began a decline, which was the result of encountering the
On Thursday morning the surge of the US Dollar against the Japanese Yen continue to surge. However,
The Greenback seems to have found support against the Japanese Yen on Wednesday morning.
The Greenback had paused its decline against the Japanese Yen. The stop resulted in a short lived consolidation.
The US Dollar has extended its massive losses against the Japanese Yen. During the first half of Monday's trading session the currency exchange rate had managed to fall below the 110.50 mark.
The US producer prices decreased for the first time in more than a year in December, due to falling services costs.
The Greenback feel sharply against the Japanese Yen on the disappointing labour market data.
The Greenback feel sharply against the Japanese Yen on the disappointing labour market data.
The Greenback feel sharply against the Japanese Yen on the disappointing labour market data.
The Greenback feel sharply against the Japanese Yen on the disappointing labour market data.
The US private companies added 250K positions in December, the strongest monthly gain since March, the ADP Research Institute revealed on Thursday.
The Greenback rose against the Japanese Yen on strong ISM manufacturing and construction release
Factory activity in Chicago strengthened again by the end of the year, according to the MNI survey.
Factory activity in Chicago strengthened again by the end of the year, according to the MNI survey.
Factory activity in Chicago strengthened again by the end of the year, according to the MNI survey.
Contracts to purchase previously owned houses increased in November, supported by the job growth in the strengthening US economy.
The Federal Reserve of Richmond released its survey, showing that the manufacturing growth was slower over the month of December.
Due to Christmas holidays the currency rate is moving horizontally between the 55- and 100-hour SMAs.
The US economy expanded at its strongest pace in two years in the Q3, fuelled by solid business spending.