Yen strengthens amid safe-haven demand

The EURJPY currency pair fell sharply to near 159.00 in European trading hours on Monday, facing sharp selling pressure as the Japanese Yen outperforms across the board amid dismal market sentiment. Deepening

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Euro finds support in German elections

The EURJPY cross rebounds to near 157.10, snapping the three-day losing streak during the early European session on Monday. The Euro gathers strength as Germany’s conservatives won its election as expected. Traders brace

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Yen under pressure on intervention worries

EURJPY is retracing its recent gains from the previous session, trading around 163.20 in European markets on Tuesday. The Euro-Yen cross remains subdued following the release of the Bank of Japan’s Meeting

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Yen weakens, eyes on Eurozone PMI

The EURJPY currency pair traded in positive territory for the sixth consecutive day near 173.80 on Wednesday during the early European session. The Yen weakened after the data showed that Japanese business

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