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.

SINGAPORE (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.

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.

SINGAPORE/SYDNEY, Jan 18 (Reuters) – The yen hit a 2-1/2
year low against the dollar on Friday as markets positioned for
the Bank of Japan to take bold action to tackle deflation at a
policy-setting meeting early next week.

Sources familiar with the BOJ’s thinking told Reuters the
central bank, under relentless pressure from Prime Minister
Shinzo Abe, will consider making an open-ended commitment to buy
assets until 2 percent inflation is foreseen.

SINGAPORE/SYDNEY (Reuters) – The yen hovered near a 2-1/2 year low against the dollar on Friday following a dramatic selloff as markets positioned for the Bank of Japan to take bold policy action to tackle deflation.

Sources familiar with the BOJ’s thinking told Reuters the central bank, under relentless pressure from Prime Minister Shinzo Abe, will consider making an open-ended commitment next week to buy assets until 2 percent inflation is foreseen.