EUR/JPY — News Archive

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Euro Hits the $1.15 Level Against the Dollar

Euro continues to show strength, even though many analysts thought it would be much lower by now. Much of the current strength is likely coming from the fact that the United States probably won’t raise interest rates in the near future.

Yen Backs Off from Multi-Year Highs

The Japanese yen backed off today following the last week’s strong rally but not before touching the highest level in a year and a half against the US dollar and the strongest rate in three years versus the euro.

Japanese Yen Jumps as BOJ Stays the Course

Japanese yen is gaining ground against its major counterparts after the Bank of Japan surprised markets by keeping its benchmark rate the same, and staying the course on the current stimulus package.

Euro Maintains Strength in Forex Trading

The euro continues to show strength in currency trading on the FX market, even though stimulus is in effect, and there could be more stimulus on the way for the eurozone. Signs that stimulus efforts are having an impact are providing support for the 19-nation currency, as is the fact that the Federal Reserve has yet to truly commit to policy divergence and raise rates again.

Japanese Yen Gains Ahead of BOJ Meeting

Japanese yen is heading higher today, gaining ground ahead of an upcoming Bank of Japan meeting. There is a bit of uncertainty about what’s next for the Japanese economy, and what policymakers will do about it.

Yen Sinks amid Stimulus Speculations

The Japanese yen sank today amid speculations about possible monetary stimulus from the Bank of Japan. Japan’s economic data was not helpful to the currency as well.

Euro Fails to Rally as European Central Bank Remains Dovish

The euro was attempting to rally today but failed and went back down after the monetary policy meeting of the European Central Bank showed that the bank’s outlook remained dovish.

Yen Mostly Rangebound as Traders Await Data

Japanese yen is mostly rangebound today as Forex traders wait for the latest data out of the United States. Yen has been reasonably strong recently and remains relatively strong as uncertainty continues in the market.

Euro Struggles Even After ZEW Data

Euro is struggling today, turning mostly lower, as concerns about Greece once again come into focus. Worries about Greece coming to an agreement with creditors are weighing on the euro, which hasn’t seen much benefit from recent ZEW data.

Euro Finds Support in Forex Trading

Euro is finding support today, heading higher in Forex trading against many of its major counterparts. Euro is gaining ground as Brexit worries weigh on the sterling, and as a possible agreement with Greece helps optimism.

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