EUR/JPY — News Archive

Dollar Keeps Gains of Week’s First Trading Session

The US dollar performed rather well during the first session of the current trading week, undeterred by some negative economic reports from the United States. The currency kept yesterday’s gains today.

Japanese Economic Data Detrimental to Yen

Today’s economic data was rather detrimental to the Japanese currency, showing a decline of Japan’s economy, and the yen fell against the US dollar and versus some other currencies as a result. At the same time, the yen gained on few major rivals, including the euro.

Economic Outlook for Eurozone Drags on the Euro

The economic outlook for the eurozone is dragging on the euro today, bringing it lower as concerns about what’s next for the 19-nation currency region continue.

BOJ Expectations Point to Weak Yen

Expectations for more stimulus from the Bank of Japan are leading to more yen weakness today. With energy prices continuing to show weakness, BOJ policymakers are expected to keep attempting to stimulate the economy, and that means a lower yen.

Preparing for a Potential Euro Selloff

Right now, the euro is higher against the US dollar in Forex trading. However, the gains are relatively modest, and there is the possibility that the euro will sell off later this week if US data comes in strong. Expectations of a rate hike in the United States persist, and the euro is still struggling with the Greek crisis.

Euro Drops as IMF Will Not Provide Aid for Greece

The euro was in rout today after a report that the International Monetary Fund will not participate in the third round of the bailout for Greece. Prospects for monetary tightening in the United States put additional pressure on the euro, as well as on other currencies.

Talk of Eurozone Exit Weighs on Euro

Once again, Greece is weighing on the euro. German advisers are talking about creating an insolvency process that would allow for a country’s exit from the 19-nation currency region if that country is threatening the eurozone. The news is contributing to the euro’s struggles today.

Yen Mixed During Monday’s Trading

The Japanese yen demonstrated mixed performance today. The currency gained on the US dollar, fell versus the euro and was flat against the Great Britain pound after rallying earlier.

Euro Rallies as German Business Climate Improves

The euro rallied today after the release of the German business climate index that was better than analysts’ expectations, suggesting that things have improved in the eurozone after the seemingly successful resolution of the Greek crisis.

Yen Gains as Japan’s Economic Data Beats Expectations

Today’s economic data released from Japan was very good, in contrast to reports released from other parts of the world. This allowed the Japanese yen to gain on its major peers.



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