EUR/JPY — News Archive

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Euro Falls on ECB Rate Decision and Dovish ECB Strategic Review

The euro today crashed to new monthly lows against the US dollar after the European Central Bank announced its rate decision and strategic review. The EUR/USD currency pair today fell to lows last seen on 2nd December 2019 amid a risk-averse market environment that saw most European equity indices close the day lower.

Japanese Yen Rallies on Returning Fears of Coronavirus

The Japanese yen gained against most other major currencies today, with the exception of the Australian dollar, which got a boost from domestic employment data. The resurging fears about the spread of the coronavirus from China were the main driver for the yen’s rally. Domestic macroeconomic data was also supportive of the Japanese currency.

Euro Struggles to Rally Amid Davos Forum and Coronavirus Threat

The euro today struggled to rally against the US dollar as the World Economic Forum drags on in Davos, Switzerland. The EUR/USD currency pair today fell to new 2020 lows before recouping its losses as investors grappled with the emerging risk posed by the Coronavirus.

Japanese Yen Mixed As BoJ Leaves Rates Unchanged, Industrial Output Weakens

The Japanese yen is mixed on Tuesday after the central bank announced that it was leaving interest rates unchanged and raising its economic growth forecasts for 2020 and 2021. Tokyo also reported disappointing industrial production and capacity utilization data, despite the federal government spending billions in stimulus.

Euro Falls to 3-Week Lows Against the Dollar Despite US Holiday

The euro today fell to new 3-week lows against the US dollar even though US markets were closed for the Martin Luther King Jr. holiday. The EUR/USD currency pair attempted to rally but failed to sustain its gains as the European session got underway.

EUR/USD Pair Falls From Daily Highs on Upbeat US Retail Sales

The euro today fell against the US dollar in the American session following the release of upbeat US retail sales data. The EUR/USD currency pair fell from its daily highs giving up all the gains made earlier in the session as the Dollar Index soared.

Japanese Yen Weakens on Slide in Machine Tool Orders, Bump in PPI

The Japanese yen is weakening against most of its currency rivals on Thursday after a mix of economic data that highlighted both gains and weaknesses in the world’s third-largest economy. Is the federal government’s stimulus enough to prevent Tokyo from slipping into the long-awaited recession?

Euro Rallies on Trade Deal Optimism and Hawkish ECB Strategic Review

The euro today rallied higher against the US dollar driven by upbeat investor risk sentiment in anticipation of the US-China phase one trade deal signing later today. The EUR/USD currency pair’s rally was also spurred by investor expectations that the European Central Bank could turn hawkish in the medium-term after a strategic review.

Euro Falls on Trade Headlines and US CPI Amid Empty European Dockets

The euro today fell against the US dollar driven by a lack of macro releases from across the euro area and the resurgent greenback. The EUR/USD currency pair later rallied from its daily lows despite the release of mostly in-line US inflation data in the American session.

Japanese Yen Soft as Market Sentiment Favors Risk

The Japanese yen was weak today as the market sentiment continued to favor riskier currencies, not safer ones. Domestic macroeconomic data provided the currency no help, coming out withing expectations and signaling about the persisting weakness of the Japanese economy.

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