{"id":78100,"date":"2015-09-11T02:01:03","date_gmt":"2015-09-11T06:01:03","guid":{"rendered":"http:\/\/countingpips.com\/?p=78100"},"modified":"2015-09-11T07:27:07","modified_gmt":"2015-09-11T11:27:07","slug":"usdjpy-flat-audusd-set-to-end-week-up","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/09\/usdjpy-flat-audusd-set-to-end-week-up\/","title":{"rendered":"USD\/JPY flat, AUD\/USD set to end week up"},"content":{"rendered":"
September 11, 2015<\/div>
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Article by ForexTime<\/a><\/p>\n

The dollar extended gains against the yen on Friday on increased prospects of more easing by the Bank of Japan, while the Aussie stood tall after catching a lift from upbeat employment data.<\/p>\n

The greenback was up 0.2 percent at 120.82 yen after scaling a 10-day high of 121.38 overnight. The dollar was headed for a 1.5 percent weekly gain.<\/p>\n

The U.S. currency coasted on a boost received Thursday on a media report quoting Japanese ruling party lawmaker Kozo Yamamoto as saying that the Bank of Japan\u2019s Oct. 30 policy meeting would be a \u201cgood opportunity\u201d for further monetary easing.<\/p>\n

This was not the first time the outspoken Yamamoto, an adviser to Japanese premier Shinzo Abe, has openly expressed his views on monetary policy. But the timing appears to have struck a chord in the markets which have recently seen a soft Japanese data and equities engulfed in volatility.<\/p>\n

\u201cForeign market participants\u2019 views on the yen hinge on whether the BOJ will ease further or not, and such comments from an official naturally spark selling of the yen,\u201d said Daisuke Karakama, market economist at Mizuho Bank in Tokyo.<\/p>

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\u201cBut we also need to keep in mind that the Abe administration may not exactly welcome further easing right now, as that could cause the yen to depreciate and depress real wages,\u201d he said.<\/p>\n

The yen was also on the defensive against the euro. The common currency rose to a two-week high of 136.45 yen having gained 2.7 percent so far this week.<\/p>\n

The euro was firm at $1.1248 and on track for a 1.3 percent weekly rise.<\/p>\n

The Australian dollar was steady at $0.7067 after surging 0.8 percent overnight.<\/p>\n

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\"Forex-Time-Logo\"Article by ForexTime<\/a><\/span><\/strong><\/p>\n

ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Article by ForexTime The dollar extended gains against the yen on Friday on increased prospects of more easing by the Bank of Japan, while the Aussie stood tall after catching a lift from upbeat employment data. The greenback was up 0.2 percent at 120.82 yen after scaling a 10-day high of 121.38 overnight. The dollar […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-78100","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/78100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=78100"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/78100\/revisions"}],"predecessor-version":[{"id":78121,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/78100\/revisions\/78121"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=78100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=78100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=78100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}