EUR/JPY Fundamental Analysis – November 30, 2015 – Forecast

Analysis and Recommendations:

The EUR/JPY added 4 points but bounced up and down in the Asian session with no specific direction as global volumes remain low after the US holiday and traders enjoying the global black Friday sales.  The European Central Bank, which meets Dec. 3, has signaled that it stands ready to expand its bond purchase program to combat weak inflation. In Japan, investors are hopeful the central bank will extend stimulus, after minutes show officials are open to further action if inflation targets slip out of reach.

This morning data showed that consumer prices in Japan fell slightly for the third month in a row in October. The figures indicated that sustained inflation remains elusive despite the central bank’s efforts to spark price growth. Some economists have forecast that flat lining inflation may force the bank and some of its peers to ease again.

FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more recent analysis and information in our  weekly reports and we provide daily updates and outlooks.

Today’s economic releases:

 

Upcoming Economic Events that you should be monitoring:

Monday, November 30, 2015

Government Bond Auctions

Date Time Country

Nov 30 11:03 Sweden Holds bond auction

Dec 01 11:30 UK 1.5% 2021 Gilt auction

Dec 02 16:30 Sweden Announces details of Bond on 11 Dec

Dec 03 10:30 Spain Auctions

Dec 03 10:50 France Auctions OATs

Dec 03 11:03 Sweden Holds I/L bond auction

Dec 04 11:03 Sweden Holds I/L bond auction