The Pound Japanese Yen exchange rate tumbled down today after the Japanese economic index for April beat forecasts, soaring to 103. Currently, the GBP/JPY pairing is fluctuating around ¥154.88. The Japanese Yen rallied thanks to
The U.S. dollar began the week on the downturn slope due to the U.S. jobs data. On Friday, the report showed numbers lower than analysts forecasted, dampening the demand on the safe-haven greenback. However, later
The U.S. dollar soared on Friday, hitting multi-week highs. Robust economic data ahead of the monthly payrolls release increased the possibility of early Fed tightening and boosted the safe-haven currency. The Dollar Index climbed up
The U.S. dollar climbed up in early European trade on Thursday. Despite that, it still traded near five-month lows. Investors were waiting for key economic data which could influence the Federal Reserve’s monetary policy plans.
The U.S. dollar was subdued on Wednesday. It climbed up from near a five-month low against other major currencies, as investors sentiment turned optimistic due to a bolstering U.S. manufacturing. Analysts think economic recovery may
The dollar traded near five-month lows on Tuesday. Investors are waiting for eurozone inflation data, along with a U.S. manufacturing survey, and they are avoiding large moves meantime. The Chinese yuan firmed after China’s central bank
The U.S. dollar traded near a two-month high against the Japanese yen on Monday. Investors expect the Federal Reserve to taper its asset-buying eventually, especially after a key measure of U.S. inflation showed stronger price gains than
The U.S. dollar firmed on Friday as traders waited for U.S. inflation data to decide the currency’s direction. The U.S. dollar index climbed up by 0.1% at 90.78 in the late Asian and early European session. On
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