EUR/JPY — News Archive


Yen Soft as Kuroda Talks About Additional Stimulus

The Japanese yen was soft today after Haruhiko Kuroda, Bank of Japan Governor, signaled that he is not afraid to add more stimulus if it would be necessary to reinvigorate the nation’s economy.

Yen Little Changed After CPI Shows Drop

The Japanese yen was little changed after a report showed that Japan’s deflation persisted despite the efforts of the Japanese central bank.

Euro Slightly Lower as Forex Traders Wait for Data

Euro is slightly lower against most of its major counterparts this morning, dropping a little bit as Forex traders consolidate positions and wait for tomorrow’s data releases.

Yen Suffers from Fischer’s Comments

Riskier currencies reacted negatively to the comments that Fed Vice Chairman Stanley Fischer made on Sunday, but safer ones, like the Japanese yen, were also not immune to the impact.

Euro Mostly Higher Today as Experts Talk of Reform

With all that’s going on right now, it seems as though euro should be heading lower. However, the 19-nation currency is mostly higher today, gaining against many of its counterparts. Euro is down against the US dollar, but seeing success against other currencies.

Japanese Yen Gains Against Majors After Losses Last Week

Japanese yen is higher today, gaining against its major counterparts following last week’s losses. Weak data weighed on the yen last week, but this week the currency’s performance is driven by world events. For now, there is enough concern that the Japanese yen is up mostly across the board.

Yen Mostly Lower as GDP Stagnates

The Japanese yen traded mostly below the opening level against most major currencies, though there were few exceptions. Economic data released from Japan today was mixed, but the most important GDP report was poor, weakening the currency.

Euro Gets Some Breathing Room

Euro is getting some breathing room today, thanks in part to better news out of Germany. The latest trade surplus numbers are helpful, but long-term there are still issues that are likely to contribute to euro weakness.

Euro Mostly Higher, But Losses Could Be Coming

Euro is mostly higher today, but losses could be coming. Against some of its major counterparts, the euro is gaining ground, even though the 19-nation currency is down against the US dollar. However, recent data hasn’t been positive enough to rule out more stimulus from the ECB, and that means potential losses for the euro in the medium to long term.

Japanese Yen Gains on Change in Stimulus Expectations

Japanese yen is gaining ground today, heading higher against most of its major counterparts. The latest expectations for stimulus have changed, and that means that the yen is benefitting from the idea that actual stimulus won’t involve as much as originally expected.