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27 May 2015
EUR/JPY rises for the second day in a row
FXStreet (Córdoba) - EUR/JPY rose further during the American session on the back of a weak yen across the board and also amid speculations about a deal between Greece and its creditors.
The pair hit 135.00, highest since last Friday and then pulled back modestly, finding support above 134.70. While EUR/JPY reached 135.00, USD/JPY hit momentarily levels on top of 124.00 (fresh 7-year high).
Ahead for EUR and JPY
During Thursday's Asian session in Japan the retail sales report will be released. While in Europe, there will be ongoing negotiations between the Brussels Group and Greek officials and also economic reports, with the Economic Sentiment and Consumer Confidence Survey elaborated by the European Commision followed by the Financial Stability Report.
The pair hit 135.00, highest since last Friday and then pulled back modestly, finding support above 134.70. While EUR/JPY reached 135.00, USD/JPY hit momentarily levels on top of 124.00 (fresh 7-year high).
Ahead for EUR and JPY
During Thursday's Asian session in Japan the retail sales report will be released. While in Europe, there will be ongoing negotiations between the Brussels Group and Greek officials and also economic reports, with the Economic Sentiment and Consumer Confidence Survey elaborated by the European Commision followed by the Financial Stability Report.