Euro-Yen sheds 0.79% within 140.63 to 140.64 daily range

A quick look at Friday: EUR/JPY dips 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. After ending Friday's session at 1.7137, EUR/NZD lost 127 pips and is trading around 1.7009.

Furthermore, Germany Producer Price Index projected to come out at -1.6% — worse than previous data of -1%; data will be released tomorrow at 07:00 UTC. Euro Zone Trade Balance (Jan) is expected 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.