EUR/JPY — News Archive


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.

Euro Declines Against US Dollar Despite Positive German CPI Data

The euro today declined against the US dollar despite the release of positive German CPI data as the US dollar rallied higher. The EUR/USD currency pair decline was further exacerbated by the release of positive US GDP data mid-European session.

Euro Extends Rally Even as ECB Tries to Downplay QE Tapering Expectations

The euro rallied today even as officials from the European Central Bank tried to downplay yesterday’s comments from Mario Draghi, which markets considered to be hawkish. The currency fell against the US dollar intraday, but the drop was short-lived. The euro was unable to beat the very strong Great Britain pound.

Japanese Yen Falls After BoJ Summary of Opinions

The Japanese yen fell today against its major peers after the Bank of Japan released the Summary of Opinions expressed during the June policy meeting. The optimistic market sentiment was also unfavorable to the currency.

EUR/USD Trades in a Tight Range Despite Positive Eurozone Economic Bulletin

The EUR/USD currency pair today traded in a tight range despite the positive economic report released by European Central Bank during the European session. The US dollar was also flat during today’s session as tracked by the US Dollar Index, which was trading below its opening price of 97.55 for most of the day’s session.

Japanese Yen Rises as Oil Falls, Trims Gains Later

The Japanese yen rose against other most-traded currencies as the drop of crude oil weighed on inflation in developed economies.