EUR/JPY — News Archive

    Archives

Euro Rises vs. Dollar, Vulnerable vs. Other Majors

The euro rose against the weak US dollar, but traded flat-to-lower versus most other major currencies on Monday. Among factors influencing the currency were new developments in the Catalan situation and disappointing inflation data.

Euro Ends Week Among Losers After ECB, Political Upheaval

The euro ended the week among the weakest currencies due to the dovish stance of the European Central Bank and the political crisis in Spain.

EUR/USD Hits New Lows After the Release of US GDP Report

The EUR/USD currency pair today hit new multi-month lows, which were last witnessed in July, after the release of positive US GDP data in the early North American session. The pair’s massive decline began yesterday after the European Central Bank cut its quantitative easing program by half, while painting a dovish outlook for the Eurozone.

Euro Crashes Against US Dollar as ECB Slashes QE Program by Half

The euro today crashed against the US dollar after the European Central Bank announced that it would cut its quantitative easing program by half to €30 billion in 2018. The ECB also left interest rates at their current levels with Mario Draghi, the ECB President, expressing concern over a number of financial issues facing the Eurozone including low inflation rates.

EUR/USD Rallies Higher on Record German Business Climate Index

The EUR/USD currency pair today rallied higher after the release of an extremely high German IFO business climate index  for the month of October. The currency pair’s rally was limited by the markets’ anticipation of the decision by the European Central Bank regarding the tapering of its quantitative easing program.

Japanese Yen Weakens on Lower Manufacturing PMI, Politics

The Japanese yen weakened today following the report that showed slowdown of Japan’s manufacturing sector, though analysts argued that markets had little interest in economic data from Japan, continuing to pay more attention to Japan’s politics.

Euro Mixed amid Clashing Fundamentals

The euro was mixed today, falling against the US dollar and the Great Britain pound, while rising versus the Japanese yen and the Swiss franc. The currency was supported by positive macroeconomic data and the outlook for an asset-purchase reduction, while dragged down by Europe’s political issues like the Brexit and separatism in Catalonia.

Japanese Yen Mixed During Thursday’s Trading

The Japanese yen rallied against such most-traded rivals as the US dollar and the Great Britain pound during the current trading session. At the same time, it was unable to gain on the European currencies like the euro and Swiss franc, which is surprising considering the political turmoil in Europe, specifically in Spain.

EUR/USD Rallies as Spanish Government Tightens Grip on Catalonia

The EUR/USD currency pair rallied to new highs today despite the announcement by the Spanish government that it would invoke Article 155 suspending Catalonia’s autonomy. The currency pair rallied higher in the early North American session ignoring the release of positive US unemployment data by the Department of Labor.

Euro Recovers Against US Dollar on Weak Housing Data

The euro today recovered the ground it had lost against the US dollar during the early European session after the release of disappointing US housing data. The euro was largely weaker against the US dollar for most of the European session despite an early morning speech by Mario Draghi, the President of the European Central Bank.

Navigation

Menu