According to Bloomberg , Monday ( 24/2 ) at 19:45 pm , the pair EUR / GBP down 0.22 % from the previous day be 0.8249 . Then , pairing EUR / USD was also eroded by 0.15 % to 1.3725 . The euro also fell 0.19 % versus the JPY becomes 140.630 .
Statistical Office of the European Union launch , in January 2014 the European inflation minus 1.1 % , or lower than the previous month , ie 0.3 % . Low inflation raises fears of deflation .
However, the weakening of the euro is in , thanks to the efforts of the European Central Bank ( ECB ) to allay fears the market . " We do not see what is defined as deflation . We are aware of the risks , and be ready to take action to minimize the risk , " said Mario Draghi , ECB president , as quoted by Bloomberg .
Futures analyst PT Monex Investindo , Daru Wibisono look , pair EUR / GBP still appreciate , because the data supported the German business climate is positive in February 111.3 . This figure is higher than in December , which is 110.6 . On the other hand , the UK data was less encouraging . Lending to residents in the UK declined .
Meanwhile , an analyst at PT SoeGee Futures , Nizar Hilmy judge , European fundamentals quite well , so it can still give a positive sentiment for the EUR .
Meanwhile , in the U.S. winter could harm production and distribution activities . This led to speculation U.S. economic growth in the first quarter of 2014 will be slow .
Revelation Tribowo Laksono , PT Megagrowth Futures analysts say , although EUR / JPY is lower , but still be able to turn higher . Because the Bank of Japan ( BoJ ) still continue to add stimulus . It will weaken the yen .
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