Category: EURJPY

Fundamental / Economic Backdrop (short term) The euro remains primarily driven by ECB rate-path expectations, euro-area inflation persistence and uneven regional growth. Recent data consistency supports rate-cut delays rather than acceleration, lending mild structural support to the EUR in the short term. The Japanese yen remains dict…

Fundamental / Economic Backdrop (short term) Key macro and economic factors influencing EUR/JPY in the near term: Eurozone (EUR):The euro remains sensitive to subdued growth conditions, inflation trends, and expectations around European Central Bank (ECB) policy. While disinflation has eased pressure for further tightening, the macro outl…

Fundamental / Economic Backdrop (short term) Recent macro and economic influences relevant for EUR/JPY: The euro (EUR) continues to be influenced by the macro outlook in the Eurozone — modest economic growth, inflation dynamics, and the stance of the European Central Bank (ECB). While there is no strong macro boom, some stability in eur…

Fundamental / Economic Backdrop (short term) EUR/JPY remains driven by the interaction between Euro-area growth fragility and ECB policy expectations versus Japan’s changing monetary regime and rising yield profile. The European Central Bank (ECB) remains in a cautious-to-dovish stance as Euro-area growth remains uneven and inflation co…

Fundamental / Economic Backdrop (short term) EUR/JPY remains primarily driven by monetary-policy divergence and risk sentiment, with both currencies reacting to different macro forces: The Euro (EUR) is influenced by: Expectations around ECB policy normalization vs. cautious easing, depending on inflation persistence and growth s…

Fundamental / Economic Backdrop (short term) EUR/JPY is currently influenced by opposing macroeconomic forces stemming from both the Eurozone and Japan: Bank of Japan (BoJ) policy expectations:Markets continue to price the possibility of further BoJ tightening after prior indications of policy normalization. This supports the yen by narro…

Fundamental / Economic Backdrop (short-term) Key drivers for EUR/JPY right now The recent rally in the euro vs. Japanese yen has been challenged by renewed strength in the yen. The recent comments from Bank of Japan (BoJ) hinting at a possible rate-hike later this month have boosted Japanese yields and boosted the yen. FXStreet+2Reuters+2 …

Fundamental / Economic Backdrop (short-term) The general backdrop for EUR/JPY remains somewhat supportive: the euro (EUR) is benefitting from relatively stabilizing macroeconomic conditions and some pickup in Euro-area inflation/price stability narratives, which helps underpin demand for EUR. FastBull+2LiteFinance+2 On the Japanese side, …