Tag Archives: EUR/JPY

EURUSD heavy, EURJPY upside bias

Widening bond yields spreads between the US and Europe is weighing on the EURUSD pair. The 10-year US Treasury and German Bund spreads have now widened by 55 basis points, up from 28 basis points in the last two weeks since February 25. However the spreads between German Buds and periphery bonds like those from Italy and Spain have tightened slightly and helped prevent a worse decline in...

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March 11, 2013 @ 9:08 am

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Yen Pairs Swing Up But Close Down After BOJ Easing Leaves Growth Doubts

Not to be undone by the easing efforts from the Fed and ECB, the Bank of Japan decided to do some extra easing on its own. Yen pairs swung up on the initial reaction to the increased BOJ easing but lost the gains later in the day as the Yen rallied on doubts that the new QE will spur growth. The Bank added 10 trillion Yen (around 127 Billion US Dollars) to its QE effort, expanding the asset...

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September 19, 2012 @ 10:14 pm

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Markets Continue Post QEX Rally for Second Day – EUR/JPY +280 Pips

Almost 24 hours after the FOMC's latest monetary policy decision, QEX, markets continue their risk on rally. In the forex market, the biggest winner among the majors today was the EUR/JPY. The pair is up 189 pips today, after opening the day at 100.63 its trading at 102.52 at the moment. The EUR/JPY was trading at 99.72 before the Fed's QEX decision, the pair is up 280 pips in less then a day...

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September 14, 2012 @ 5:51 pm

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Markets Continue Post QEX Rally for Second Day – EUR/JPY +280 Pips

Almost 24 hours after the FOMC's latest monetary policy decision, QEX, markets continue their risk on rally. In the forex market, the biggest winner among the majors today was the EUR/JPY. The pair is up 189 pips today, after opening the day at 100.63 its trading at 102.52 at the moment. The EUR/JPY was trading at 99.72 before the Fed's QEX decision, the pair is up 280 pips in less then a day...

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September 14, 2012 @ 5:51 pm

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