EUR/JPY — News Archive

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Draghi Statement Sends Euro Lower Against Majors

It’s been an interesting week in the financial markets, and now the ECB is adding its bit. The latest statement from Mario Draghi is sending the euro lower against its major counterparts as Forex traders get ready for more easing.

Euro Turns Lower Ahead of Next ECB Meeting

Euro has turned lower today, ahead of the next ECB meeting taking place tomorrow. Even though eurozone inflation is higher, it isn’t meeting expectations, and there is some speculation that policymakers will have to make up for the disappointing showing in December.

Euro Mostly Lower on Bank Concerns

Euro is mostly lower today, thanks in part to concerns about various banks and the possibility of more stimulus. All eyes are on the ECB to see what the next move might be.

Improving Market Sentiment Means Low Demand for Yen

The market sentiment was improving today, meaning that currencies perceived to be safe were not in high demand. As a result, the Japanese yen was falling against its other most-traded peers.

Yen Profits from Safe Haven Status During Second Trading Week of 2016

The past trading week has started with risk aversion and the same theme continued throughout the week with just short bouts of risk appetite. Unsurprisingly, the Japanese yen profited in such an environment from its perceived role as a haven currency.

Safe Haven Demand Continues to Send Yen Higher

Japanese yen is higher again today, thanks to safe haven demand. Today’s global stock market sell off is resulting in an interest in stable assets, and that means the yen is gaining ground against its major counterparts.

Japanese Yen Hurt by Domestic Economic Data

The Japanese yen declined against the US dollar and the euro today as economic data released from Japan over the current trading session was detrimental to the currency. The yen may yet bounce with the help of waning trader’s optimism.

European Bond Yields Remain in Check

Bond yields in the eurozone are still in check, thanks in large part to better news out of China and better stock performance. The euro is heading a little lower, and there are expectations for the 19-nation currency to struggle the rest of the year.

Euro Heads Lower as Economic Concerns Weigh

After maintaining some degree of strength this week, the euro is heading lower today. Economic concerns are weighing on the 19-nation currency, and comparisons are again being made with the US economic recovery.

PMI Reading Helps Euro Hold Its Own

Euro is holding its today in currency trading on the FX market, in spite of global jitters related to the latest news out of China and North Korea. Better economic data is helping the 19-nation currency as some expect to see growth in 2016.

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