The Japanese yen climbed in value on Tuesday against its major rivals after the Bank of Japan decided against continuing on with its aggressive monetary easing policies that the institution has implemented since December of last year, Bloomberg reports.
The world’s reserve currency surged higher in value on Monday against the currency of Japan, benefiting from Standard & Poor’s upgrading the credit outlook of the U.S., Reuters reports.
The U.S. dollar on Friday achieved healthy gains against the common currency of the European Union on foreign exchange markets in the aftermath of strong jobs data released by the owner of the globe’s largest economy, according to Bloomberg.
The Australian dollar on Friday slipped against the U.S. dollar as its top partner for trade and commerce prepares to release what is expected to be weak economic data, Bloomberg reports.
The Japanese yen on Friday lengthened its biggest weekly advance against the world’s reserve currency after the nation’s finance minister said there are no plans manifesting to spur the economy, Bloomberg reports.
The Australian dollar on Thursday lost value against the U.S. dollar, slumping to its trough of nearly 24 months against the world’s reserve currency, Bloomberg reports.
The common currency of the European Union advanced to its four-week highs against the world’s reserve currency as the European Central Bank convenes its monthly meeting, Bloomberg reports.
The reduced pace of development and growth in Australia pulled down the value of the nation’s monetary unit on Wednesday, Bloomberg reports.
The Japanese yen climbed against the U.S. dollar on Wednesday after prime minister Shinzo Abe did not go into specifics of his next efforts to spur the world’s third-biggest economy, Bloomberg reports.
Speculation that the world’s largest economy will refrain from slashing monetary stimulus prompted the Japanese yen to slip against the world’s reserve currency on Tuesday, Bloomberg reports