EUR/JPY — News Archive

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Poor Market Sentiment Attracts Traders to Japanese Yen

The Japanese yen gained today, rising to the multi-year high against the euro, as the market sentiment was not favorable to risky assets, driving investors to the safety of Japan’s currency instead.

Euro Clings to Recent Gains as German Factory Orders Slip

Euro is clinging to some of its gains from the end of last week, even after the latest news on German factory orders. Even though the 19-nation currency seems to be holding on for now, there are some downside risks that could impact the euro in the coming days.

Euro Struggles After Draghi Statement

Once again the ECB has left things the same, keeping interest rates the same while at the same time staying away from adding more stimulus. Even though the euro briefly touched a recent high against the dollar, the 19-nation currency is now heading lower, thanks in part to concerns about the economy.

Yen Bolstered, Thanks to Better Economic Data

Japanese economic data came in better than expected, and that is providing a boost for the yen against its major counterparts. Yen is heading higher on the better than expected reports coming out of Japan.

Economic Confidence Reading Gives Euro a Boost

Euro is getting a big of a boost today, thanks to an improved economic confidence reading. Stimulus appears to be working to some degree, and many expect the ECB to keep its rates unchanged at the policy meeting later this week.

Yen Falls with Declining Retail Sales & Rising Stocks

The Japanese yen fell today amid falling retail sales and the investor’s improving sentiment that was triggered by the rise of stock indexes.

Yen Stable Despite Data from Japan

The performance of Japanese yen was fairly decent today even though inflation data released from Japan was rather poor.

Euro Rises During Thursday’s Trading, Still Heads to Weekly Loss

The euro rose today, extending its rally against the US dollar for the second day. Nevertheless, the currency was heading to a weekly loss against most of its major peers.

Japanese Yen Feels Strong

The Japanese yen rallied today as traders were cautious due to the prospects for monetary tightening from the Federal Reserve but not willing to buy the US dollar.

Japanese Yen Eases After Yesterday’s Gains

Japanese yen is easing today, trading mixed against its major counterparts following yesterday’s gains. There are still questions about what’s next for Japan, and there is always the possibility that officials will intervene to weaken the yen.

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