EUR/JPY — News Archive

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Euro a Little Lower on ECB Expectations

Euro is a little lower today, thanks in large part to expectations that the European Central Bank will actually have to take steps to stimulate the eurozone economy this week. However, the losses to the euro are limited, as some of these expectations have been priced in, and so far the ECB has failed to deliver on its threats.

Yen Firmer as Kuroda Downplays Stimulus Prospects

The Japanese yen was firmer today as Haruhiko Kuroda, Bank of Japan Governor, downplayed prospects for additional monetary stimulus from the central bank.

Euro Bounces a Little, But Risks Remain

Euro is seeing some gains today, surging ahead, even though the US just posted solid jobs report for February and there are still downside risks to the 19-nation currency.

Euro Continues to Decline on Signals of More Easing

Eurozone policymakers are indicating that more easing could be in the future. An ECB meeting is scheduled for next week, and the odds that even looser monetary policy is coming are higher than ever.

Yen Retreats, Finds Little Help from China’s Poor Manufacturing Data

The Japanese yen fell today, retreating from the highest level in almost three years against the euro, even though poor manufacturing data from China, both official and private, was detrimental to investors’ risk appetite.

Inflation Reading Sends Euro Lower in Forex Trading

Euro is heading much lower today, dropping as the latest inflation reading prompts policymakers to talk about easing further at the next ECB meeting. Concerns about the economic recovery of the 19-nation currency region are once again paramount for many traders.

Inflation Data Doesn’t Prevent Yen from Rising

Inflation data released from Japan during the Friday’s trading session was mixed, but this did not prevent the Japanese yen from rising against the US dollar and the euro.

Euro Loses Ground on Inflation Report

Euro is losing ground from earlier, thanks in large part to the latest inflation report, which was downwardly revised for January. After the release of the new information, the 19-nation currency is struggling.

Euro Continues to Slide, Gains on Pound

The euro continued to slide against its most-traded peers as concerns about the potential Brexit and economic stagnation in the eurozone undermined the strength of the currency. As one could expect, the shared 19-nation currency fared better that the Great Britain pound that has been the weakest major currency this week so far.

Euro Weakens on Economic Data, Gold

Euro is heading lower today, thanks in part to weaker economic data and lower gold prices. Also contributing to a lower euro is the concern brought about by a potential UK exit from the European Union.

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