EUR/JPY Fundamental Analysis & Economic Strength Meter - August 17, 2014
The EUR/JPY fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news. The EUR/JPY economic strength meter at the bottom shows the relative strength or weakness of the recent economic releases and news from the euro-zone and Japan, which may affect the relative strength of the euro vesus Japanese yen.
EUR/JPY - Recent economic releases
Economic Fundamentals from Europe
Economic Fundamentals from Japan
JPY: Consumer Confidence Index: 41.5, though less than the expected 42.3 but was slightly more than the previous 41.1. However any reading below 50 indicates bearish sentiments.
JPY: Machine Tools Orders - preliminary (YoY): 37.7% against the previous 34.1%.
JPY: Industrial Production (YoY): 3.1% against the previous 1.0%.
JPY: Gross Domestic Product (Q2) - preliminary: The annualized GDP was -6.8% and though better than the expected -7.1% but was quite poor as compared to the previous 6.1%. The quarter-over-quarter change was -1.7% against the previous 1.5%.
JPY: Machinery Orders (YoY): -3.0%, though quite less than the expected 3.3% but the data was much better than the previous -14.3%
(Please reload/refresh the page as sometimes you may see the old picture)
|EUR/JPY fundamental outlook based of recent economic releases|
(For Carry Trade)
Economic Strength Meters© for other currency pairs