EUR/JPY — News Archive

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Yen Climbs After USA Attacks Syrian Military Base

The Japanese yen climbed today as US President Donald Trump authorized military strike on the Syrian airbase.

Traders Seek Safety on Tuesday, Yen Gains as Result

The market sentiment was favoring safe currencies on Tuesday, helping the Japanese yen to log gains during the current trading session. Among reasons for the investors’ poor mood were the terrorist attack in Russia and the upcoming presidential elections in France.

Yen Flat After Tankan Survey

The Japanese yen was mostly flat today after the release of the Tankan survey that showed improvement in both manufacturing and non-manufacturing sectors for large enterprises.

Yen Climbs Following Trump’s Failure to Dismantle Obamacare

The Japanese yen gained today, rallying to the highest level since November against the US dollar, after US President Donald Trump failed to push his health care bill. Meanwhile, the Bank of Japan released the Summary of Opinions for the March policy meeting.

Japanese Yen Soft Against Euro & Swiss Franc

The Japanese yen was little changed against the US dollar but fell against the euro and the Swiss franc during the current trading session due to unfavorable macroeconomic data and a surprise statement from the Bank of Japan chief.

Yen Climbs vs. Dollar to Highest in Four Months

The Japanese yen rallied today, reaching the highest level since November against the US dollar. The currency got boost from both domestic fundamentals and the cautious general market sentiment.

EUR/USD Remains Bearish as German ZEW Survey Disappoints

The EUR/USD today established a bearish trend that was triggered by the release of the ZEW economic sentiment survey for Germany, which did not meet expectations. The currency pair was also affected by the stronger US dollar backed by the strong US Producer Prices for the month of February released by the Bureau of Labor Statistics.

Japanese Yen Firm Despite Economic Data

The Japanese yen was firm today even though economic reports released from Japan on Monday were not particularly supportive, especially core machinery orders.

ECB Hawkishness Makes Euro Strongest Major Currency

Markets did not expect anything particularly important from this week’s European Central Bank meeting, but it turned out to be perhaps the most important event during the week, making the euro the strongest major currency. Meanwhile, the highly anticipated US nonfarm payrolls turned out to be almost non-event, having negligible impact on markets.

Euro Rallies Briefly Boosted by Mario Draghi’s Hawkish Comments

The euro rallied briefly against its major peers today after Mario Draghi, the President of the European Central Bank, outlined a hawkish outlook during the press briefing after the bank’s meeting. The euro gained significantly as the ECB revised its growth and inflation outlooks for the Eurozone and announced that the quantitative easing program would continue until December.

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