EUR/JPY — News Archive


Euro Soars After Comments from Trump Trade Advisor

The euro gained today on its major counterparts today, soaring 1% against the US dollar, after comments from Peter Navarro, head of US President’s new National Trade Council.

Yen Trades Broadly Lower as Inflation Doesn’t Impress

The Japanese yen traded broadly lower on Friday due to unimpressive inflation data released from Japan during the trading session and the outlook for monetary policy of the Bank of Japan.

Euro Drops as Dollar Rallies

The euro dropped against other major currencies (with the exception of the Japanese yen) today as the US dollar staged a recovery.

Euro Recovers from Losses Despite Soft German Business Climate

The euro was soft intraday due to the unexpectedly weak German business climate but has managed to recover and is trading close to its opening level as of now.

Japanese Yen Gains on Rivals amid Light Trading

The Japanese yen was strong against its most-traded rivals during the quiet Friday trading, though light volumes ensured that the currency’s moves were not significant.

Euro Rallies Against US Dollar, Unable To Sustain Upward Momentum

The euro started today’s trading session by gaining significant ground against the US dollar, but went on to retrace some of its gains later in the day. The euro hit a weekly high against the US dollar based on weak data released from the USA regarding consumer spending and income. The euro’s brief rise was also backed by the economic bulletin released by the European Central Bank today.

Japanese Yen Records Mixed Results Against Major Currencies

The Japanese yen started today’s session by gaining some ground against major currencies before losing most of its gains during the American trading session. The strengthening of the Japanese yen followed today’s announcement by the Bank of Japan regarding interest rates on deposits made using the yen.

Yen Weakens After BoJ Policy Meeting

The Japanese yen slid against its major peers today even though the Bank of Japan left its monetary policy unchanged and was relatively optimistic in the policy statement.

Euro Loses Ground Against Major Currencies After Fed Interest Rate Hike

The euro has significantly weakened against the US dollar during today’s session following yesterday’s interest rate hike by the Fed. The euro also started the day by gaining ground against the Japanese Yen and the pound sterling as it hit major highs and lows before settling to trade at moderate price levels.

Yen Gains on Dollar After Release of Japan’s Economic Reports

The Japanese yen traded higher against the US dollar following today’s economic releases from Japan even though the data was not particularly good, failing to reach analysts’ expectations.