Japanese yen is gaining ground today, heading higher against the dollar and making some inroads against the euro.
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Japanese Yen Weakens on Officials' Comments
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Japanese yen showed a little strength earlier today, logging small gains against the euro and the pound.
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Japanese Yen Gains on Concerns about Global Economy
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Japanese yen is gaining today, thanks in large part to concerns about the global economy. Worries about what’s next for the economy have some Forex traders looking for safe haven, and that is boosting the yen today.
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Japanese Yen Heads Higher on Risk Aversion
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Even though Japanese markets are closed today, the yen is heading higher on concerns about what’s next for the global economy.
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Japanese Yen Drops on Intervention Talk
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Japanese yen is heading lower today as risk appetite makes an appearance. Also weighing on the yen is more talk about possible intervention to keep the yen weak against its currency counterparts.
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Japanese Yen Mostly Lower Today
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Japanese yen is mostly lower today, dropping as Forex traders look for direction in general for the markets. There is just enough risk appetite to reduce demand for the yen, but enough uncertainty that there haven’t been any major moves today.
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Japanese Yen Weakens against European Currencies
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After showing general strength earlier, the Japanese yen is now weakening against its European counterparts. Yen is still stronger against the US dollar, but against the euro and the United Kingdom pound, the Japanese yen is lower.
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Japanese Yen Strengthens as Risk Appetite Fades
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Japanese yen is strengthening as risk appetite fades. Lackluster economic data, continued eurozone concerns, and general risk aversion are all sending Forex traders to safe havens like the yen.
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Japanese Yen Tanks on QE3, Growth Downgrade
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Japanese yen is headed lower today, dropping as risk appetite is the focus of many Forex traders following the quantitative easing announcement out of the United States. Earlier, Japanese leaders downgraded the assessment for Japan’s economy, and that is weighing a bit as well.
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Japanese Turns Mostly Lower on Risk Appetite
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Japanese yen is turning mostly lower today, slipping as risk appetite makes an appearance and favors high beta currencies. Earlier, the yen saw some gains on concerns about the global economy, as well as uncertainty about Europe. Now, though, a bit of optimism has returned to the markets, and the yen is heading lower.
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