Euro-Yen sheds 0.79% within 140.12 to 142.22 daily range

A quick look at Friday: EUR/JPY drops 0.79% to close at 140.64 Friday.

Euro-Yen's value drop coincided with the fact that USD/JPY lost 1.33% Friday and closed at 133.59. USD/SGD is down to 1.3397, losing 59 pips, after ending the previous session around 1.3456. EUR/NZD lost 0.75% Friday and closed at 1.7137.

Furthermore, projections for Germany Producer Price Index are set for a continuation of decline with -1.6% while previous data was -1%; data will be released tomorrow at 07:00 UTC. Euro Zone Trade Balance (Jan) is scheduled for tomorrow at 10:00 UTC.

Euro-Yen has managed to gain 2.43% so far this year despite trading at lows around 128.26 previously.