• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The Polish military stated that ground-based air defense systems and radar reconnaissance have resumed normal operational activities. No violations of Polish airspace have been recorded.On September 19, the European Union issued a statement expressing regret over the United States decision to deny visas to members of the Palestinian delegation for the second consecutive year, preventing them from attending the 81st session of the United Nations General Assembly in New York. The EU urged the US to reconsider its decision, given the existing headquarters agreement between the US and the UN and the obligations the US has as the host country.Polish military: Military air operations conducted in Polish airspace in response to Russian attacks on Ukraine have ended.On September 19th, European technology companies and government officials have recently expressed their concerns, questioning whether the proposals by some US artificial intelligence (AI) companies to slow down AI development under the guise of security are "self-serving," arguing that their true aim is to consolidate their own advantages and suppress competitors. European AI companies, including Frances Mistral AI, have expressed their opposition to the proposals from US companies. Mistral stated in a statement: "Some leading companies in the industry are using the current situation to consolidate their market position and push for regulations that favor themselves and suppress competitors." Raphael Aufon, COO of a Swiss company, commented on the US proposals at a technology event in Paris, saying, "This is entirely self-serving; they just want to maintain the markets dependence on their own services." Ben Brooks, head of public policy at the German AI startup Black Forest Labs, stated that artificially created barriers to entry that widen the gap between large AI companies and new entrants will stifle innovation in cutting-edge fields.On September 19th, it was learned from the China Enterprise Reform and Development Research Association that the "2026 China Environmental and Social Governance Development Observation Report" has been officially released. The report shows that the first batch of mandatory disclosure entities have achieved full compliance with timely disclosure requirements, and the quantity and quality of disclosures by A-share listed companies have steadily improved. Data shows that as of April 30, 2026, all 430 mandatory disclosure entities in the first batch completed their 2025 environmental and social governance reports on time, achieving a 100% compliance rate. More than 2,700 A-share listed companies released their 2024 environmental and social governance reports, with a disclosure rate of 49.81%, nearly double that of five years ago. Meanwhile, over 80% of companies disclosed their sustainable development governance frameworks, and the disclosure rates for topics such as pollutant emissions and the circular economy both exceeded 90%. The greenhouse gas emission disclosure rate has risen for three consecutive years to 76.93%. The national carbon market has completed its first expansion, with steel, cement, and aluminum smelting included, covering approximately 60% of the countrys carbon dioxide emissions, and is expected to move towards 80% by the end of the 15th Five-Year Plan period.

As Eurozone Core Inflation Appears Persistent, EUR/JPY Price Analysis: Aims To Climb Above 141.00

Daniel Rogers

Mar 27, 2023 14:41

 EUR:JPY.png

 

During the Tokyo session, the EUR/JPY pair is meeting resistance close to 141.00. As the European Central Bank (ECB) prepares for additional rate hikes in the near future, the cross is struggling to extend its recovery above the aforementioned resistance. However, the upside seems probable.

 

Isabel Schnabel, a member of the ECB's Executive Board, stated that nominal inflation has begun to fall while fundamental inflation persists. To achieve the intended level of inflation, the ECB would require immense fortitude; consequently, additional rate hikes cannot be ruled out.

 

The significance of Bank of Japan (BoJ) Governor Kazuo Ueda's speech on Tuesday will be significant for the Japanese Yen. This will shed light on the likely path of monetary policy action.

 

The EUR/JPY currency pair has rebounded firmly from the horizontal support formed by the Bearish Megaphone pattern on the two-hour time frame. The horizontal support of the chart pattern is the March 16 low of 139.13, while the upward trendline is drawn at 141.58. After the breakdown of critical support, a bearish megaphone pattern is usually accompanied by extreme vulnerability.

 

The 50-period Exponential Moving Average (EMA) at 141.00 represents a point of resistance for Eurozone investors.

 

The Relative Strength Index (14) has shifted from the bearish range of 20.00-40.00 to the bullish range of 40.00-60.00, indicating a temporary reversal.

 

Should the asset surpass the March 21 peak of 142.79, Euro bulls would drive the cross toward the March 9 low around 144.00 and then the March 15 peak of 145.00.

 

In contrast, a break below the low of 139.13 on March 16 would send the cross toward the low of 138.00 on January 19. A decline below this level would expose the asset to a 26 September 2022 low of approximately 137.36.