EUR/JPY Weekly Analysis (week of 08-12/06)

Euro Zone Industrial Production expected -20.0% (previous -11.3%) will be released tomorrow at 9:00 AM.

Weekly Summary

EUR/JPY remains in the 120.7 range after starting the session at 123.732002 and dropping 303 pips

Even though falling short of the projected -0.5%, Japan Gross Domestic Product released earlier shows an improvement to -0.6% from the preceding data of -0.9%. Germany Trade Balance fall short of the 10.0B projections, with 3.2B and continued its downward trajectory from previous figure of 12.8B.

Euro Zone Consumer Price Index is scheduled for Wednesday 9:00 AM. Japan Press Conference is scheduled for Tuesday 7:00 AM. Japan Monetary Policy is scheduled for Tuesday 4:30 AM.

Jun. 12, 2020

EUR/JPY is trading around 120.84 after starting the session at 120.64(up 0.17%)

(20:00)

After starting the session at 120.64 EUR/JPY spiked to 121.81 only to drop back to starting point range and close at 120.84

While down from preceding data of 0.4%, France French Non-Farm Payrolls (QoQ) (Q1) is better than expected at -2.0% according to new data released Thursday 5:30 AM Japan Money Supply fall short of the -9.1% projections, with -9.8% and continued its downward trajectory from previous figure of -3.7%. Data for Japan CFTC was released today at 7:30 PM suggests a downwards trend with 17.5K, while previous data was 27.2K Euro Zone CFTC EUR speculative net positions released today at 7:30 PM with a figure of 95.6K, this is better from previous number of 75.2K New data for France Consumer Price Index was released today at 6:45 AM comes out at 0.4%, beating projections of 0.2% and showing improvement over the preceding figure of 0.3%.

Jun. 11, 2020

EUR/JPY is trading around 120.66 after starting the session at 121.85 (down -0.98%)

(23:00)

EUR/JPY remains in the 120.66 range after starting the session at 121.85 and dropping 118 pips

While down from preceding data of 0.4%, France French Non-Farm Payrolls (QoQ) (Q1) is better than expected at -2.0% according to new data released today at 5:30 AM Data for Japan BSI Large Manufacturing Conditions (Q2) was released Wednesday 11:50 PM suggests a downwards trend with -52.3, while previous data was -17.2

Expectations for Euro Zone Industrial Production are set for a continuation of decline with -20.0% while previous data was -11.3%, data will be released tomorrow at 9:00 AM. France Index of Consumer Prices is scheduled for tomorrow at 6:45 AM. Japan CFTC is scheduled for tomorrow at 7:30 PM.

Jun. 10, 2020

EUR/JPY is trading around 121.64 after starting the session at 122.12 (down -0.39%)

(23:00)

EUR/JPY slides down from 122.12 to 121.64, taking a 48 pips loss (-0.39%)

Germany Trade Balance fall short of the 10.0B projections, with 3.2B and continued its downward trajectory from previous figure of 12.8B. New data for Euro Zone Gross Domestic Product was released Tuesday 9:00 AM comes out at -3.1%, beating projections of -3.2% and showing improvement over the preceding figure of -3.2%. Japan Core Machinery Orders (MoM) (Apr) fall short of the -8.6% projections, with -12.0% and continued its downward trajectory from previous figure of -0.4%.

Expectations for France French Non-Farm Payrolls (QoQ) (Q1) are set for a continuation of decline with -2.3% while previous data was -2.3%, data will be released tomorrow at 5:30 AM. Japan BSI Large Manufacturing Conditions (Q2) is scheduled for today at 11:50 PM.


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Jun. 9, 2020

EUR/JPY is trading around 122.13 after starting the session at 122.37 (down -0.2%)

(22:01)

EUR/JPY recovered back to 122.13 after dipping down to 122.08 in a session that started at 122.37

Germany Trade Balance fall short of the 10.0B projections, with 3.2B and continued its downward trajectory from previous figure of 12.8B. Germany Industrial Production fall short of the -7.5% projections, with -17.9% and continued its downward trajectory from previous figure of 0.3%. New data for Euro Zone Gross Domestic Product was released today at 9:00 AM comes out at -3.1%, beating projections of -3.2% and showing improvement over the preceding figure of -3.2%.

Euro Zone Speaks is scheduled for tomorrow at 1:30 PM. Japan BSI Large Manufacturing Conditions (Q2) is scheduled for tomorrow at 11:50 PM.

Jun. 8, 2020

EUR/JPY is trading around 123.13 after starting the session at 123.65 (down -0.42%)

(14:00)

With no major movement EUR/JPY closed at 123.13 after ranging between 124.12 and 123.15

Earlier - Germany Industrial Production fall short of the -7.5% projections, with -17.9% and continued its downward trajectory from previous figure of 0.3%. Even though falling short of the projected -2.1%, Japan Gross Domestic Product released earlier shows an improvement to -2.2% from the preceding data of -3.4%.

Market looking ahead for -

Euro Zone Speaks is scheduled for today at 3:45 PM. Projections for Germany Trade Balance are set for a continuation of decline with 10.0B while previous data was 12.8B, data will be released tomorrow at 6:00 AM. Expectations for Euro Zone Gross Domestic Product are set for a continuation of decline with -3.2% while previous data was -3.2%, data will be released tomorrow at 9:00 AM.

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