EUR/JPY — News Archive

Safe Haven Demand Sends Japanese Yen Higher

Japanese yen is heading higher against its major counterparts today as safe haven demand increases. A number of concerns are causing a bit of risk aversion and the yen is in demand as Forex traders look for a bit of safety.

Euro Retains Gains After Mario Draghi Downplays QE

The euro has rallied yesterday as Mario Draghi, President of European Central Bank, downplayed expectations of expanded quantitative easing. The currency retained its gains today for the most part, though it is sliding back against the Japanese yen.

QE Talk Weighs on Euro/Dollar Pair in Forex Trading

Euro is struggling against the US dollar again as talk of quantitative easing continues. With the idea that more money needs to be circulated through the system, and the idea that eurozone rates aren’t heading higher any time soon, it’s little surprise that the euro is down against the dollar.

Euro Weak After Greek Elections

The euro demonstrated weakness during the Friday’s trading session. The monetary policy outlook and concerns about economic growth made currency not particularly attractive to investors while the result of the Greek parliamentary elections did nothing to help the matter.

Yen Dips as S&P Downgrades Japan

The Japanese yen dropped against other most-traded currencies today as Standard & Poor’s reduced Japan’s sovereign credit rating due to disappointment in the policy makers’ attempts to revive economic growth.

Euro Mostly Lower as Economic Sentiment Deteriorates

The euro dropped today against most major currencies, including the US dollar and the Japanese yen, as the economic sentiment deteriorated in Germany as well as in the whole eurozone. Yet the shared 19-nation currency managed to gain against the Great Britain pound and the Swiss franc.

Yen Appreciates as BoJ Remains Passive

The Japanese yen gained today as the nation’s central bank refrained from expanding its already substantial monetary stimulus during its policy meeting. The currency gained even though analysts speculated that additional monetary easing is still in the cards.

Euro Higher vs. Dollar & Other Peers by Weekend

With all the talks about monetary tightening in the United States and quantitative easing in the eurozone, the euro was still rising against the US dollar. The euro’s performance against other currencies was also strong with the exception of the Great Britain pound.

Euro Falters as Eurozone Leaders Talk About Unemployement

Euro is struggling again as eurozone leaders gather to talk about unemployment. Concerns that economic gains aren’t translating into jobs are weighing on policymakers and others. Of special concern is the disparity in joblessness between northern European countries and those in the south.

Japanese Yen Posed to End Week Among Losers

The Japanese yen paused its decline today but will likely end the week as the weakest among major currencies. The yen had limited support from Japanese macroeconomic data released during Friday’s trading.



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