EUR/JPY EKES OUT ANOTHER 15-YEAR HIGH, INCHING TOWARDS 162.00
- The EUR/JPY is squeezing into 161.80 as the Yen continues to slump against the Euro.
- ECB President Lagarde dual speeches today and tomorrow.
- Japan trade balance data missed expectations.
The EUR/JPY pinged another 15-year high as a recovering Euro (EUR) takes another step over the Japanese Yen (JPY).
European Central Bank (ECB) President Christine Lagarde will be delivering a speech today and a speech tomorrow; today's speech will be at the House of the Euro, a collaborative working space for different European central banks. No significant comments on monetary policy are likely at the event.
Meanwhile, President Lagarde's second showing in as many days sees the ECB head spending Friday participating in a 'fireside chat' at the Financial Times' Global Boardroom in London.
Japan Current Account figures missed the mark early Thursday, with the non-seasonally-adjusted headline Current Account for September coming in at JPY 2.723 trillion, flubbing the forecast 3 trillion but still squeaking out above August's 2.279 trillion
- The EUR/JPY is squeezing into 161.80 as the Yen continues to slump against the Euro.
- ECB President Lagarde dual speeches today and tomorrow.
- Japan trade balance data missed expectations.
The EUR/JPY pinged another 15-year high as a recovering Euro (EUR) takes another step over the Japanese Yen (JPY).
European Central Bank (ECB) President Christine Lagarde will be delivering a speech today and a speech tomorrow; today's speech will be at the House of the Euro, a collaborative working space for different European central banks. No significant comments on monetary policy are likely at the event.
Meanwhile, President Lagarde's second showing in as many days sees the ECB head spending Friday participating in a 'fireside chat' at the Financial Times' Global Boardroom in London.
Japan Current Account figures missed the mark early Thursday, with the non-seasonally-adjusted headline Current Account for September coming in at JPY 2.723 trillion, flubbing the forecast 3 trillion but still squeaking out above August's 2.279 trillion
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