SINGAPORE, Jan 29 (Reuters) – The dollar inched lower versus
the yen on Tuesday but hovered within sight of a 2-1/2 year high
hit a day earlier, while the Australian dollar rose on data
showing a rebound in Australian business confidence.

The dollar slipped 0.2 percent to 90.71 yen, but was
not very far from the previous day’s high of 91.26 yen, the
greenback’s strongest level versus the Japanese currency since
June 2010.

SINGAPORE (Reuters) – The yen on Tuesday slipped back toward a 2 1/2 year low struck a day earlier against the dollar, hurt by signs of upbeat sentiment toward risky assets, while the Australian dollar rose on data showing a rebound in Australian business confidence.

The dollar rose 0.1 percent against the yen to 90.99 yen, not very far from the previous day’s high of 91.26 yen, the greenback’s strongest level versus the Japanese currency since June 2010.

SINGAPORE, Jan 29 (Reuters) – The yen on Tuesday slipped
back toward a 2 1/2 year low struck a day earlier against the
dollar, hurt by signs of upbeat sentiment toward risky assets,
while the Australian dollar rose on data showing a rebound in
Australian business confidence.

The dollar rose 0.1 percent against the yen to 90.99 yen
, not very far from the previous day’s high of 91.26 yen,
the greenback’s strongest level versus the Japanese currency
since June 2010.

SINGAPORE/TOKYO, Jan 25 (Reuters) – The yen hit a 2 1/2-year
low against the dollar and a 21-month low versus the euro on
Friday, as the market continued to focus on Japan’s pursuit of
reflationary economic policies.

Stop-loss dollar buying added to the yen’s losses, traders
said. The greenback climbed to its strongest level since June
2010 of 90.695 yen on trading platform EBS, a gain of 14 percent
versus the yen compared with levels seen in mid-November.

SINGAPORE, Jan 24 (Reuters) – The dollar rose against the
yen on Thursday with traders attributing the move to position
squaring by short-term players in the wake of the yen’s bounce
over the past couple of days.

The yen had bounced earlier this week after the Bank of
Japan was deemed to have disappointed by not immediately
upsizing its asset-purchasing programme. This was despite the
Bank of Japan delivering its boldest policy yet to snap the
economy out of years of stagnation.

SINGAPORE, Jan 24 (Reuters) – The safe haven yen slipped and
the Australian dollar gained some support on Thursday as an
upbeat reading of Chinese manufacturing activity provided an
encouraging sign for the global economy.

The HSBC flash purchasing managers’ index, a preliminary
private survey, showed that growth in China’s factory sector
accelerated to a two-year high in January.

SINGAPORE/SYDNEY, Jan 23 (Reuters) – The yen pushed higher
against the dollar on Wednesday after the Bank of Japan’s
monetary easing announced the previous day fell short of some
expectations for faster, more aggressive action.

The BOJ, under intense political pressure to lift Japan out
of recession, said on Tuesday it would double its inflation
target and switch to an open-ended commitment to buying assets
next year.

SINGAPORE/SYDNEY (Reuters) – The yen held firm on Wednesday, after surging the previous day as investors cut bearish bets on the currency as the monetary easing announced a day earlier by the Bank of Japan’s fell short of some expectations.

The BOJ, under intense political pressure to lift Japan out of recession, said it would double its inflation target and switch to an open-ended commitment to buying assets next year.

SINGAPORE/SYDNEY (Reuters) – The yen held firm on Wednesday, after surging the previous day as investors cut bearish bets on the currency as the monetary easing announced a day earlier by the Bank of Japan’s fell short of some expectations.

The BOJ, under intense political pressure to lift Japan out of recession, said it would double its inflation target and switch to an open-ended commitment to buying assets next year.

SINGAPORE, Jan 22 (Reuters) – The yen briefly fell against
the dollar on Tuesday after the Bank of Japan surprised markets
by adopting an open-ended commitment to buy assets, but later
regained ground as the new scheme for additional purchases only
comes into effect next year.

The BOJ, which has been under intense political pressure to
overcome deflation, also doubled its inflation target to 2
percent as had been widely expected.