EUR/JPY — News Archive


Euro Demonstrates Volatile Swings After Italian Referendum

The euro fell sharply after the Italian referendum resulted in rejection of proposed reforms and resignation of the country’s leader. Yet the currency bounced even more sharply after markets digested the news.

Euro Rises Against Few Rivals, Retreats Versus Most

The euro was mixed today, rising against the Great Britain pound and the Swiss franc, but falling against other most-traded currencies, even losing its earlier gains versus the US dollar.

Yen Soft Despite Improving Trade Balance

The Japanese yen fell today even though economic data showed a bigger-than-expected increase of the Japan’s trade balance surplus. The losses were limited, though, and the currency even managed to keep its ground versus the US dollar, against which the yen has fallen during the previous two sessions.

Yen Falls, Ignoring Positive GDP Report

Today’s data showed that Japan’s economy grew faster than was expected, but the Japanese yen hardly paid any attention to the positive report. The currency was down against all of its major counterparts, falling to the lowest level since June versus the US dollar.

Yen Recovers as Impact of US Elections Fades

The Japanese yen traded either flat or higher against its major peers today as markets moved past the US elections and started to look at other fundamentals. Today’s economic reports released from Japan were not good per se, but at least they were within expectations, thus did not hurt the currency much.

Yen Flat After Kuroda Talks About Stimulus Again

The Japanese yen was little changed today after Haruhiko Kuroda, Bank of Japan Governor, talked yet again about possibility of additional monetary easing. The currency even managed to gain on the US dollar.

Yen Recovers After Dropping on Kuroda’s Comments

The Japanese yen slipped during the current trading session Haruhiko Kuroda, Bank of Japan Governor, pushed back date for reaching the target inflation level. The has currency managed to recover after the initial drop and trades near the opening level as of now.

Yen Slips After Tankan Survey, Tries to Regain Footing

The Japanese yen fell today after the release of Tankan survey by the Bank of Japan. The currency trimmed as losses by now, though remains below the opening level against most of its major peers.

Euro Recovers After Losses Caused by Deutsche Bank

The euro was down intraday as investors were afraid that problems of Deutsche Bank may spill over the entire eurozone banking sector. Yet the currency managed to close above the opening level as fears receded.

Domestic Data & Market Sentiment Drive Yen Down

The Japanese yen fell today, driven down by both poor domestic macroeconomic data and the general market sentiment that was favoring currencies with higher yield, not safe ones.