for efficient trading. On the JPY side, Japan is facing export and import challenges which can cause certain weakness in the economy. At the same time, the BOJ is trying to reach its 2 inflation target. Vous devez vous assurer que vous comprenez bien le fonctionnement des CFDs et que vous pouvez vous permettre de prendre le risque élevé de perdre votre argent.
Japan has to rely heavily on imports for its energy requirements. The economic slowdown and Brexit effect put the European currency under pressure. Now let us look at the technical view. As of the current scenario, a slowdown in the eurozone is getting severe, so it can lead to further weakness in the process. 50 des investisseurs particuliers perdent de l'argent lorsqu'ils investissent dans les CFDs. Contact this broker/company *First name: *Last name: *Enter your email address here: *Country: *Phone: * By submitting this form, I agree to receive relevant marketing materials by phone or email. Moreover, ECB President Mario Draghi is to leave office soon. Ahead of Tokyo Core CPI and unemployment rate reports to be published on Friday, which are expected to be unchanged, JPY is likely to struggle further in the process.
Meanwhile the sppi increased.1 from the previous value.0 but failed to meet the expectation.2. It may lead to further volatility and uncertainty for the eurozone economy thus resulting in an economic slowdown. As the price remains below 125.00-50 area, the bearish scenario is expected to remain valid. Additionally, Italy is preparing measures to boost the economic growth this year and may present mini-budgets along the way to get approved and worked. Besides, the US-China trade war dented the exports from Japan, and it also had an adverse impact on the economy. 07:30, company does not offer investment advice and the analysis performed does not guarantee results.
The euro has been trading weaker against JPY recently despite the worse outcome of the Japan's.
Ahead of Brexit decision on March 29th, any worse outcome is expected to lead to further gains on the JPY side while EUR may lose.
Euro vs Japanese Yen.
Euro /Japanese Yen (EUR /JPY ) Exchange Rate.
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