EUR/JPY holds as Eurozone PMI weakens and Japanese inflation softens

EUR/JPY holds as Eurozone PMI weakens and Japanese inflation softens

The EUR/JPY cross is trading in a neutral zone near 184.00 after the Eurozone Purchasing Manager Index (PMI) data indicated a significant loss of economic momentum in the region. The Eurozone Composite PMI dropped to 50.5 from 51.9, marking a 10-month low, while the Services PMI fell to 50.1 from 51.9. However, Manufacturing provided some […]

EUR/USD pares losses as US Dollar eases after PMI data

EUR/USD pares losses as US Dollar eases after PMI data

The Euro (EUR) recovers modestly against the US Dollar (USD) on Tuesday, helping EUR/USD trim part of its earlier losses as the Greenback pulls back slightly from intraday highs following the latest S&P Global Purchasing Managers Index (PMI) release. At the time of writing, the pair trades near 1.1590, down about 0.20% on the day […]

BoJ wage dynamics back further hikes – BBH

BoJ wage dynamics back further hikes – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad highlights that USD/JPY is trading directionless just below 159.00 as Japanese inflation slowed in February but is expected to rebound. Despite softer headline and core CPI, underlying inflation remains above the Bank of Japan’s (BoJ) fiscal 2026 projection. Strong spring wage negotiations are seen justifying a resumption of BoJ […]