Tag: eur/jpy

Bad News Sends EURJPY Towards Key Support

Another round of setbacks was laid bare earlier this week for the Bank of Japan and investors after the nation’s economic metrics continued to...

EUR/USD Surges as ECB Moves to Boost Euro Area Economy

The EUR/USD surged 200 pips on Thursday, recovering from eight-month lows after the European Central Bank (ECB) extended its stimulus program in an effort...

Euro Soars on News of Possible Greece Deal

Negotiations between Greece and its international creditors advanced on Tuesday, raising hopes that a new deal agreement would be reached before Thursday’s payment deadline...

EUR/USD Supported by Rising German Business Confidence

Rising German business confidence supported the EUR/USD on Friday, outweighing heated negotiations between Greece and the Eurozone at this week’s Eurogroup meetings. The EUR/USD briefly...

Using Equity Indices to Trade Forex: Part 4

To recap, whenever an investor wants to buy stocks listed abroad, they need to buy some local currency first. This drives up demand -...

Yen Remains in the Doldrums as Risk Rally Continues

The yen remained at a four-year low against the euro and a six-month low against the dollar in early trading this morning, with the...

Euro Extends Gains After IFO Report

Better-than-expected business sentiment data from Germany saw the euro push higher against most major currencies. The IFO report contained data that beat both the...

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