EUR/JPY accelerating upside

FXStreet (Guatemala) - EUR/JPY has claimed a high of 142.79 so far on the back of comments from Draghi and The European Central Bank keeping interest rates unchanged.

Draghi explained today, the news on the month has by and large been on the positive side, and that made a rate cut this month unlikely given no change last month.

EUR/JPY Levels

The 20 DMA is 140.03, the 50 DMA is 140.84 and the 200 DMA is 134.81. RSI (14) reads 85.74. Resistance at 142.40 ahead of 143.00 and 145 handle 2014 high.

Mar 6, 2014

Draghi refrains from sending easing signals

ECB President Mario Draghi refrained from giving easing signs at the press conference following the ECB Governing Council's decision to keep monetary policy unchanged at 0.25% in March.

了解更多 Previous

Mar 6, 2014

Latin America EM Express: Brazil's central bank open to another rate hike

The minutes from Brazil's central banks last monetary policy meeting on February 25-26 , and published today revealed that monetary policy committee (COPOM) is open to another rate hike to balance inflationary pressure resulting from currency depreciation in the shorter term.

了解更多 Next