Euro/Yen erases today's gains loses 88 pips, trading lower at 133.25 after 3 years high .
A bearish end to the trading week, EUR/JPY goes down to 133.25, following mixed behavior this week, as it ranges between 133.07 and 134.13. (Start trading Euro/Yen at FXTM today).
This downslide might be related to financial indicators data published earlier as data for Germany Unemployment Change released Tuesday comes out at -15,000, beating projections of -9,000 and showing improvement over the preceding figure of 8,000.
Meanwhile, Euro Zone Retail Sales fall short of the -1.2% projections, with -3.1% and continued its downward trajectory from previous figure of 3.3%. Germany IHS Markit Construction PMI (May) is released with a new figure of 44.5, this is down from preceding data of 46.2.
Positive performance however can be seen looking at other symbols as EUR/NZD climbs to 1.701, a new 4 months high. EUR/AUD hits 1.5851, highest rate in 4 months. After 2 months hiatus, Dollar/Yen is back at 110.33 levels.