EUR/JPY — News Archive


Japanese Yen at Fresh Lows as Kuroda Reiterates Commitment to Stimulus

The Japanese yen fell today, touching fresh lows versus the US dollar and the euro, as Bank of Japan Governor Haruhiko Kuroda reiterated the pledge to keep monetary policy extremely accommodative.

Japanese Yen Drops as BoJ Performs Bond Buying to Control Yield

The Japanese yen was in the red across the board as the surging yields on global bonds prompted the Bank of Japan to step in to keep the yield curve in check.

Euro Rallies Higher Against US Dollar on Hawkish ECB Minutes

The euro today rallied higher against the US dollar after hawkish comments from the European Central Bank minutes released today. Weak initial jobless claims data from the US docket also contributed to the EUR/USD’s rally as it did not meet market expectations.

Eruo Declines Against US Dollar on Comments from ECB’s Coeure

The euro today declined further against the US dollar for the fourth consecutive session after dovish comments from the European Central Bank‘s Coeure. The EUR/USD currency pair was on a downward trend despite the release of positive Markit Eurozone Services PMI data, which did not increase the attractiveness of the single currency.

Yen Retreats as Risk Aversion Caused by North Korea Subsides

The Japanese yen retreated versus its major peers after yesterday’s rally caused by a North Korean missile test.

Japanese Yen Gains After North Korea Performs Another Missile Test

The Japanese yen rallied against its major peers today after North Korea performed yet another missile launch test. It looks like markets have calmed by now as the currency trimmed its gains.

Japanese Yen Fails to Capitalize on Upbeat Tankan Survey

The Tankan survey released today showed that business conditions for Japan’s large enterprises improved in both manufacturing and non-manufacturing sectors last quarter. Yet the Japanese yen failed to capitalize on the favorable data.

EUR/USD Maintains Losses After Release of Positive US Data

The EUR/USD currency pair today maintained the losses it accumulated during the early European session despite the release of positive US data in the North American session. The currency pair was under intense selling pressure from the beginning of today’s session, but did not decline significantly after the release of positive US personal income data.

Japanese Yen Rallies Despite Underwhelming Economic Reports

The Japanese yen rallied against its most-traded rivals today even though macroeconomic data released in Japan during the trading session was not particularly good for the most part. The possible reason for the currency’s gains was the slump of global stocks caused by signs that central banks around the world are planning to drop monetary stimulus.

Yen Trims Initial Losses on Thursday

The Japanese yen fell against its major peers during the Thursday’s trading session but managed to trim its losses by now and even erased them completely versus the US dollar.