EUR/JPY - This is the forex quote for the Euro vs. Japanese Yen exchange rate. EUR (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Yen is a historically low-yielding currency, making an attractive vehicle to fund carry trades (where traders borrow cheaply in JPY to buy higher-yielding currencies, including EUR. Investors tend to favor carry trades at times of optimism about global economic performance and stability; they shun them at times of market stress. This makes EUR/JPY sensitive to swings in broad-based market sentiment trends. The pair may likewise find volatility in news-flow related to the Eurozone debt crisis as well the extraordinary anti-deflation policy efforts from the Bank of Japan introduced in 2013.
EUR/JPY Data and Charts are delayed at least 20 minutes. Click here for live EUR/JPY rates.
Weekly Euro and Japanese Yen Trading Forecast
|Euro Avoids Stimulus-Led Collapse but a Strong Rally Unlikely||neutral|
|Rebound in Data, Turn Lower in Equities Could Help Ailing Yen|
EUR/JPY Support & ResistanceW - Weak | M - Moderate | S - Strong
|Symbol||Trend||Volatility||Analysis / Chart|
EUR/JPY Pivot Points
Euro and Japanese Yen News
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