Wednesday, 23 July 2014
Australian Dollar Japanese Yen
|FOREX : AUDJPY|
23 Jul 14 00:00
14:03 | 18/7/14
"A few members pointed to the possibility that structural factors such as the declines in Japanese firms' competitiveness and the shift of their production sites overseas could be influencing exports to a larger degree than expected," the minutes said ... more»
"If BOJ Governor Kuroda provides a less optimistic read on the economy and acknowledges that outcomes are worse than expected, the odds of an ease go up, as well as the risk that it occurs sooner than later, so the Japanese yen weakens," said Steven ... more»
The Japanese Yen finished the week marginally higher versus the US Dollar, but the fact that it trades near critical resistance (USDJPY at support) leaves it at risk. more»
11:37 | 25/6/14
Investing.com - The Japanese yen was flat and Australian dollar down slightly ahead of a fairly light data day in Asia Wednesday. more»
23:15 | 9/6/14
The Bank of Japan was very successful at the end of 2012 and early 2013 at pushing the value of the Yen lower. Like most developed-country central banks, the BoJ is did this in an attempt to stimulate the stagnate economy. more»
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