By FXEmpire.com
Analysis and Recommendations:
The EUR/JPY continues to decent, as the JPY is extremely strong against all of its trading partners. The pair is trading at 96.82 down 0.16 during the Monday Asian session. Japanese markets are closed today for a holiday.
The euro continues weak as investors have virtually given up hope on any action or plans to help the EU economies recover and are more looking at global growth and looking for assets outside of the eurozone. The IMF is due to report on global growth today, and tomorrow sees the beginning of the G7 meetings.
Otherwise we have a slow data day with some tier two reports out of Europe but nothing to effect currency prices. We will be waiting on news flow.
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more recent analysis and information in our weekly reports and we provide daily updates and outlooks
Upcoming Economic Events that affect the AUD, NZD, JPY and USD
Date |
Time |
Currency |
Event |
Previous |
Jul 17 |
1:30 |
AUD |
2.4% |
|
9:15 |
ALL |
G7 Meetings |
||
12:30 |
USD |
-0.3% |
||
13:00 |
USD |
25.6B |
||
13:15 |
USD |
79.0% |
||
13:15 |
USD |
-0.1% |
||
Jul 18 |
0:30 |
AUD |
0.5% |
|
12:30 |
USD |
0.78M |
||
12:30 |
USD |
0.71M |
||
14:30 |
USD |
-4.7M |
||
Jul 19 |
1:30 |
AUD |
-1 |
|
12:30 |
USD |
|||
14:00 |
USD |
4.55M |
||
14:00 |
USD |
-16.6 |
||
Jul 20 |
1:30 |
AUD |
-1.2% |
Click here for updated EUR/JPY News.
Originally posted here