EUR/JPY - Euro to Japanese Yen

The euro was relatively strong against its major rivals today. The inflation data released during the current trading session, being rather positive, did not give the currency a reason to reverse its trend. The eurozone consumer inflation in August was finalized at 1.5%, up from 1.3% in July. It was the same as in the preliminary estimate and the median forecast. The euro continued to rise after the data, but the currency may yet be dragged … Continue reading Euro Firm During Monday’s Trading, Solid Inflation Data Helps Preserve Momentum

The Euro has been one of the star performers of 2017. We will now try to determine its main drivers of strength, as well as its potential outlook going forward. Drivers of Strength Euro sentiment had been on the bearish side for a prolonged period of time. This was due to a combination of factors … Continue reading Is the Euro’s 2017 Rally sustainable?

“What will happen to the Eurodollar?” is one of the most frequent questions asked by traders, investors, or those, who simply want to control and take care of their finances. Most of them may think that everything that is happening on financial markets is just a lot of random and unrelated events and price movements. … Continue reading The Euro: what’s next?

The Federal Reserve kept its interest rate policy intact on Wednesday and its rather dovish statement has caused the U.S Dollar to be sold in forex against the major currencies. Wall Street put in slight gains yesterday. Today the Core Durable Goods Orders will come from the U.S via data. Fed Sets No Firm Timetable, U.S. … Continue reading Investors Keeping Their Eyes on the Strong Euro