EUR/JPY — News Archive

Japanese Yen Finds No Support from Risk-Negative Sentiment

The Japanese yen dropped against its major counterparts today even as the market sentiment was not particularly favorable to risk and should have boosted safe haven assets.

Euro Struggles to Move Higher Against Other Majors

Euro is struggling to move higher against other majors today following drops precipitated by more drama out of Greece. There is a great deal of uncertainty surrounding the euro right now, and that is weighing on the 19-nation currency. Even though the euro has eked out some gains, trading has been volatile and the gains may not last.

Euro Higher After Volatile Trading

Things have been a bit volatile for the euro today. An ECB decision to stop accepting Greek bonds as collateral is rocking the region. However, even so, the euro has recovered and moved higher, even though at one point in the session it looked as though the 19-nation currency would slip below the 1.13 mark against the dollar.

Japanese Yen Holds on to Some of Its Gains

Japanese yen is holding on to some of its earlier gains, remaining higher against some of its major counterparts. However, there is still talk from Japanese policymakers that have the effect of weighing on the yen a little bit.

Greek Finance Minister Talks About Debt Swaps, Euro Rallies

The euro was trading broadly higher against other most-trading currencies today as concerns about the situation in Greece eased after the Greek government talked about a way it is going to handle its international debt.

Euro Holds Its Own After PMI Data

Euro is holding its own against major counterparts right now, following the latest PMI data. The 19-country currency region showed some improvement in factory activity, and the euro is managing to gain ground today, even as worries about Greece continue to draw headlines.

Yen Stable Despite Poor Economic Data from Japan

The Japanese yen was stable at the early Friday’s trading even though macroeconomic reports from Japan were far from being good for the most part. The currency demonstrated losses against other majors during the previous trading session.

Euro Regains Upper Hand in Currency Trading

Euro is getting some help in forex trading today, heading higher against its major counterparts in something of a correction. However, it’s uncertain how long the current good news will last.

Week of ECB — Week of Suffering for Euro

The euro plunged against the majority of most-traded currencies this week after the European Central Bank expanded its monetary stimulus. There was another currency that suffered from its central bank’s policy decision — the Canadian dollar, which was even weaker than the euro.

Euro drops on ECB bond purchase expectations

Euro continues to lose ground against the dollar and the pound as expectations of a bond purchase program become stronger. Many expect more quantitative easing from the European Central Bank, and that is weighing on the 19-nation currency.

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