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Bears Have A Field Day On EUR/JPY

March 7, 2019 9:31 PM
The yen was already supported by global growth concerns, before the ECB took a sledge-hammer to the Euro with a fresh round of TLTRO’s and slashed growth forecasts. And judging from price action on EUR/JPY, we don’t think bears are done just yet.

EUR/JPY hits new 2019 high

February 28, 2019 12:21 PM
Although the EUR/USD’s rally faltered as the stronger US GDP data underpinned the dollar, other euro crosses remained generally supported in this first half of the North American session.

EUR/JPY: Euro extends decline as Eurozone growth concerns mount

December 14, 2018 7:38 AM
There has been further follow-through in euro selling on the back of today's publication of disappointing manufacturing and services sector surveys from the Eurozone, underscoring the ECB President Mario Draghi’s "increasing caution" outlook on the economy and highlight euro's vulnerability.

EUR/JPY boosted as stock market rebound eases pressure on safe haven yen

November 28, 2018 11:40 AM
Equities have stabilised this week and this has allowed the EUR/JPY to climb higher. If sentiment improves further, then we could see a break of the 129 handle soon.

Euro drops as economic activity in EZ hits four year low

November 23, 2018 7:31 AM
PMIs suggest manufacturing and services barely grew in November