EURJPY EUR/JPY
- 168.712
- -0.552-0.33%
EUR/JPY News
French Inflation Looks Stable Now -- Market Talk
French inflation has little room to fall, says Claus Vistesen, chief eurozone economist at Pantheon Macroeconomics.
ECB Is Very Likely to Start Cutting Rates in June, Villeroy Says
The European Central Bank is very likely to start cutting interest rates at its next policy meeting in June, Bank of France Governor Francois Villeroy de Galhau said.
The Q1 economy may shrink by 1.2%, and the Bank of Japan's interest rate hike was “blocked”
The Japanese economy is likely to shrink in the first three months of 2024, casting a shadow over economic growth prospects.
The Bank of Japan unexpectedly cut the scale of debt purchases, and traders are betting more on raising interest rates before the end of July
Investors have increased their bets on the Bank of Japan raising interest rates before the end of July. Previously, the Bank of Japan unexpectedly reduced the scale of bond purchases during this week's routine operations.
BOJ's Surprise Cut to Bond Buying This Week Fuels Rate-Hike Bets
Investors have boosted bets for an interest-rate hike by the Bank of Japan by July following an unexpected reduction in its bond buying during a regular operation this week.
Japan's Gloomy GDP Report May Create Challenges for Policymakers
Japan’s economy is likely to have contracted in the first three months of 2024 due in part to disruptions at car makers, clouding the growth outlook as the central bank attempts to set the right pace for policy normalization.
EUR/JPY Price Analysis: Rallies for Seventh Straight Day as Bulls Target 170.00
During the North American session, the Euro prolonged its gains versus the Japanese Yen in late trading.
ECB's Wunsch: First 50 Bps of Rate Cuts Close to a No-brainer
European Central Bank (ECB) policymaker Pierre Wunsch told German newspaper Handelsblatt the first two 25 basis points reductions in key ECB rates were close to a "no-brainer" but added that high rates for longer by the US Federal Reserve could lead to a slower pace of rate cuts.
German GDP Figures Likely to Have Bolstered Confidence -- Market Talk
Germans are increasingly confident about the country's economy, with ZEW's survey of economic expectations improving sharply in May, DZ Bank analyst Christoph Swonke says in a note.
Limited Scope for ECB Interest Rate Cuts – Commerzbank
Dr. Marco Wagner, Senior Economist at Commerzbank, notes that there is virtually no doubt that the European Central Bank (ECB) will lower key interest rates in June but argues that the ECB will hardly be able to lower the deposit rate below 3%.
German Investor Confidence Jumps as Economic Recovery Takes Hold
Investor confidence in Germany’s economy rose for a 10th month — reflecting optimism that growth is returning after more than a year of near-stagnation.
Germany's Economic Outlook Continues to Brighten
German economic sentiment rose for the 10th straight month in May, reflecting hopes of a sustained recovery in Europe's largest economy this year, a survey said Tuesday.
German ZEW Economic Sentiment Index Improves to 47.1 in May From 42.9 in March
The headline German ZEW Economic Sentiment Index improved to 47.1 in May from 42.9 in April. This reading came in above the market expectation of 46.3.
Japanese Producer Prices Up Modestly in April
In another sign that Japan's inflation remains somewhat muted, Japan's producer price index (PPI) rose 0.9% year on year in April, and gained 0.3% from March, reported the Bank of Japan on Tuesday.
German Annual Inflation Confirmed at 2.2% in April
Confirming the initial estimate, Germany's annual inflation rate came in at 2.2% in April, unchanged from a month ago, final data from the Federal Statistical Office showed Tuesday.
Japan's GDP hits in the first quarter. If it strengthens or boosts the yen!
While the US dollar is rising against the yen, the International Monetary Fund is predicting that the Bank of Japan should continue to raise interest rates in the short term, and the Minister of Finance is also keeping a close eye on foreign exchange trends. Japan will announce its GDP for the first quarter. If the data is stronger, it may boost the yen and limit the room for the dollar to rise against the yen in the short term.
The Bank of Japan showed signs of a shift in policy, and Japanese bond yields climbed to a ten-year high
Japan's sovereign bond yields soared to the highest level in more than 10 years, and there are signs that the Bank of Japan is preparing to reduce bond purchases to ease the pressure on the weak yen.
Japan Suzuki: Important for FX to Move in Stable Manner, Reflecting Fundamentals
Important for currencies to move in stable manner, reflecting fundamentals.
IMF: Further Hikes in BoJ Short-term Rates Hikes Should Continue and Data-dependent
Further hikes in Japan's short-term policy rate should proceed at a gradual pace and be data-dependent.
Japan's Producer Price Index Remains Steady in April
Producer prices in Japan grew 0.9% year over year in April unchanged from the revised reading in March, marking the highest producer inflation rate since October 2023, preliminary data from the Bank of Japan on Wednesday showed.