After a 22-pip depreciation the buck continued to lose value against the Japanese Yen until the pair slipped back to the monthly S1 at 108.82
Contrary to expectations, the buck managed to break through a combination of the 100- and 200-hour SMAs as well as the weekly PP.
Second time in a row the currency exchange rate failed to break through the monthly S1 at 108.82
The US Dollar is continuing to lose value against the Japanese Yen simultaneously in two descending channels.
The US Dollar has returned to the zone close to the lower trend line of the large scale triangle pattern against the Japanese Yen.
The Greenback extended losses against the Yen, as the US Building Permits report disappointed market expectations.
The report on the US worker productivity, which revealed a higher-than-anticipated increase in the Q2, resulted in a jump of the USD/JPY currency pair.
The report on the US worker productivity, which revealed a higher-than-anticipated increase in the Q2, resulted in a jump of the USD/JPY currency pair.
The report on the US worker productivity, which revealed a higher-than-anticipated increase in the Q2, resulted in a jump of the USD/JPY currency pair.
The report on the US worker productivity, which revealed a higher-than-anticipated increase in the Q2, resulted in a jump of the USD/JPY currency pair.
The report on the US worker productivity, which revealed a higher-than-anticipated increase in the Q2, resulted in a jump of the USD/JPY currency pair.
The US job openings report showed a record-high figure, which resulted in the instant advance of the USD/JPY currency pair.
The US Dollar strengthened significantly against the Yen after the stronger-than-expected Non-Farm Payrolls report.
The US Dollar strengthened significantly against the Yen after the stronger-than-expected Non-Farm Payrolls report.
On Thursday, the US Dollar posted a sharp fall against the Yen after the ISM report showed softer-than-expected growth in non-manufacturing sectors.
Manufacturing growth in the US almost matched growth forecasts, but slightly weaker-than-expected figures failed to support the Greenback significantly. Right after the data were released, the USD/JPY currency pair went to the 110.145 area, or 0.01% higher, but paired gains after that.
Manufacturing growth in the US almost matched growth forecasts, but slightly weaker-than-expected figures failed to support the Greenback significantly. Right after the data were released, the USD/JPY currency pair went to the 110.145 area, or 0.01% higher, but paired gains after that.
Stronger-than-expected US pending home did not manage to support the USD/JPY exchange rate. Following the release, the Yen appreciated against the US Dollar by 0.053% to be seen trading at 110.46.
The US Dollar did not manage to appreciate against the Japanese Yen at the moment the data on the US advance GDP was released.
The initial reaction to the release of the Census Bureau's report on the US durable goods orders was limited, as markets were focusing on the underlying data rather than the jump in the headline measure, which left the USD/JPY currency pair holding below the 111.40 mark.
Following a release of the FOMC statement, the US Dollar lost ground against the Japanese Yen, sending the currency pair down to the 111.70 area from earlier highs located above 112.00.
The stronger-than-expected UK retail sales report failed to support the British Pound, as the gain was thought to be related to temporary warm weather effects.
Monday's Markit survey showed that the preliminary PMIs for the US manufacturing and services sectors almost matched analysts' forecasts and had little initial impact on the USD/JPY currency pair.
Monthly data on the US Building Permits contributed to the second straight day of gains in the USD/JPY currency pair.