EUR/JPY — News Archive

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Yen Weaker After Release of Mixed Economic Indicators

The Japanese yen was weaker today after the release of mixed economic data from Japan.

Euro Gets a Boost on Soft US Data

Euro is a little higher today, thanks in part to soft US data. Trading is a little thin today because of the Easter Monday holiday in Europe.

Yen a Little Bit Weaker After Disappointing Inflation Report

The Japanese yen fell a little today. The reason for the losses was the inflation report that disappointed economists. The drop was minor due to thin holiday trading.

Euro Finally Shows Signs of Weakness

Analysts and traders have been expecting the euro to drop for quite some time now. Forecasts for a lower euro have not been met, as the 19-nation currency continues to show resiliency. Today, though, the euro finally appears to be showing signs of weakness.

Japanese Yen Lower Against Rivals

The Japanese yen fell against its major rivals today after the Bank of Japan released the summary of opinions voiced on the last policy meeting.

Yen Rises After Bombing in Brussels

The Japanese yen rose as the series of explosions in Brussels led to a surge of demand for safety. So happens, the yen is one of the first choices investors usually take when they seek safe assets.

Euro Retains Much of Its Strength

Euro is still trading relatively strong against most of its major counterparts. Even though the 19-nation currency is down against the dollar today, it isn’t down by very much and it is largely holding its ground. Much of this has to do with the fact that ECB policymakers are finding it difficult to continue to talk the euro down.

Euro Backtracks After Praet Remarks

Euro is a little lower across the board today after remarks from Peter Praet. Indications from Praet seem to contradict the decision announced by ECB last week. The euro is weaker, but it is not below the general range that it has been trading in for the last few months.

Dollar Crashes as Fed Lowers Interest Rate Expectations

The main theme of the Wednesday’s trading session was the monetary policy meeting of the Federal Reserve. The Fed managed to surprise the market even as it has left the policy stable.

Euro Trades Mixed as Policymakers Wait for Fed to Make Move

Euro is trading mixed today, heading lower against the dollar by gaining against the yen and pound. For the most part, European policymakers are waiting for the Fed to make a move. As long as the Federal Reserve doesn’t raise rates, moves by the European Central Bank are less effective.

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