EURJPY: on track for the lows of 2016

13 May 2020

The old adage “sell in May and go away” is a well-known warning to traders. The month of May is often conducive to the return of risk aversion. On the foreign exchange market, this saying seems to be holding true this year, judging by the rise of the yen against the euro. Over the last week, the EUR...

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Will the yen be the next coronavirus victim?

29 February 2020

When tension in the financial world increases, the Japanese yen is often considered a safe haven currency. However, this was hardly noticeable in recent weeks. A VAT increase is producing just as severe a blow on the currency as the Corona virus.

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