Euro-Yen set for weak finish today; down 0.21% to 141.39 with 4 hours before close

Published: January 25 2023, 19:41 GMT+0

Euro-Yen set for weak finish today; down 0.21% to 141.39 with 4 hours before close

EUR/JPY recovering almost all the way back to 141.69 today, after dipping down to 140.75.

Highly important Business Climate Index data from Germany beat analyst expectations of 90.2 with a reading of 90.2.

Meanwhile, data for France Jobseekers Total released today at 11:00 UTC is better than expected with 2.82 million, but worse than previous figure of 2.81 million. Data for Germany Business Expectations published today at 09:00 UTC came out at 86.4, beating projections of 85 and showing improvement over the preceding figure of 83.2.

In the meantime, negative performances are seen in other pairs, USD/SGD is down 59 pips from the beginning of the session and now trades around 1.3135.

Positive performances can be seen by looking at other currencies as GBP/NZD is up 0.83%. GBP/CAD leaps up 0.7% to trade around 1.6595.

Furthermore, Japan Tokyo Core CPI (YoY) (Jan) will be released tomorrow at 23:30 UTC. Japan CPI Tokyo Ex Food and Energy (MoM) (Jan) scheduled to come out tomorrow at 23:30 UTC.

Euro-Yen has gained 1.59% since its lowest print of 125.05 earlier this year.

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