Euro gains against the Japanese Yen following Japan’s Household Spending data

Euro gains against the Japanese Yen following Japan’s Household Spending data

EUR/JPY extends its gains for the fourth successive day, trading around 185.40 during the Asian hours on Tuesday. The currency cross appreciates as the Japanese Yen (JPY) struggles following the disappointing release of Japan’s Household Spending data. Japan’s economic outlook faced renewed pressure on Tuesday after the internal affairs ministry reported a significant 2.9% year-over-year […]

Euro softens below 1.1800 on US-Iran ceasefire risks, traders await US CPI data

Euro softens below 1.1800 on US-Iran ceasefire risks, traders await US CPI data

The EUR/USD pair loses ground to near 1.1775 during the early Asian session on Tuesday. The Euro (EUR) softens against the US Dollar (USD) as traders turn cautious ahead of the US April inflation report and ongoing geopolitical tensions in the Middle East.  Reuters reported on Monday that Iranian Parliament speaker Mohammad Bagher Ghalibaf warned […]