Category: EURJPY

Fundamental / Economic Backdrop (short term) Monetary policy divergence:The Bank of Japan remains accommodative, with yield-curve control and ultra-low rates continuing to suppress JPY demand. In contrast, the European Central Bank maintains a comparatively restrictive stance, underpinning EUR on rate differentials. Risk sentiment:Bro…

Fundamental / Economic Backdrop (short term) Near-term EURJPY dynamics remain driven by yield differentials and risk sentiment. The euro continues to draw modest support from relatively stable euro area growth expectations and reduced recession risk, while ECB policy remains restrictive but on hold. By contrast, the Japanese yen remains st…

Fundamental / Economic Backdrop (short term) EURJPY continues to be driven primarily by yield differentials and risk sentiment. In the near term, the euro side reflects relatively stable euro area data with limited upside momentum, while the yen remains structurally weak due to accommodative Bank of Japan policy and sensitivity to global risk cond…