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EURJPY
Euro vs Japanese Yen
159.09 -0.49 (-0.00%)
03 Feb 2025 10:14
Buy
159.09
Sell
159.06
43.09%
Traders' feedback
56.91%
Closing
160.73
Maximum price
159.55
One week high
163.4
52-week high
175.37
Opening
159.55
Minimum price
158.46
One week low
158.46
52-week low
154.36
About
Overview
Technical
Instrument specification (EURJPY)
Insta.Standard
Insta.Eurica
Buy
159.09
Sell
159.06
Commission
0
Leverage
1:1000
Lot
EUR 10 000
Spread
3
Buy swap
0.54
Sell swap
-2.58
Minimum trade size
0.01 Lot
Short position
Available
Trading time
Around the clock Mo-Fr
EURJPY Live Chart (Euro to Japanese Yen)

EUR/JPY is one of the most popular trading instruments in the global forex market. Here EUR is the base currency and JPY is the counter currency. The pair comprises the two most traded currencies in the world. Read more...

EUR/JPY is one of the most popular trading instruments in the global forex market. Here EUR is the base currency and JPY is the counter currency. The pair comprises the two most traded currencies in the world. Its average daily trading volume is over $3.2 billion, according to the Bank for International Settlements.

EUR/JPY is a highly volatile pair, which allows traders to profit from short-term fluctuations in its exchange rate. The carry trade strategy can be used for trading this pair. JPY is a low-yield currency that is traditionally seen as a “safe haven" in times of economic upheavals.

Advantages of EUR/JPY

  • Volatility
    EUR/JPY is usually highly volatile during most trading sessions. This ensures that traders can find plenty of entry opportunities when trading this pair.
  • Tight spreads
    Most cross rates involving JPY have relatively high spreads. Meanwhile, EUR/JPY has always had low and competitive spreads, which makes overall trading costs lower.
  • Stock indicator
    EUR/JPY is considered a leading indicator for stocks around the world. Their correlation has repeatedly proved to be effective with the pair rising when stocks trade higher and traders having trust in the economy. When confidence declines, EUR/JPY also goes down signaling outflows of capital from stock markets.

Bodies influencing EUR/JPY

  • Bank of Japan
    The Bank of Japan (BOJ) has the biggest influence on the JPY exchange rate. Therefore, it is important to monitor the regulator’s monthly interest rate decisions and involvement in the bond market. In recent years, Japan has implemented an aggressive monetary policy, which resulted in a weaker national currency.
  • European Central Bank
    The European Central Bank (ECB) also announces rate decisions and releases accompanying letters monthly. The ECB is an active market player and makes important decisions regarding individual member states of the European Union, such as borrowings or stimulus packages, which may have an impact on EUR and, consequently, on the EUR/JPY rate.
  • Japan Statistics Bureau
    JPY is a news-sensitive currency. Therefore, it is important that EUR/JPY traders track major data releases by Japan’s Statistics Bureau. Important news includes Trade Balance, GDP, and the CPI.
  • Japan Meteorological Agency
    Japan is prone to natural disasters that may shatter its main economic sectors. Therefore, it is important to monitor severe earthquakes reported by the Earthquake Early Warning (EEW) system, as they may exert pressure on JPY.
Trader`s Calendar
Time
Share
Currency
Macroeconomic indicators
Actual
Forecast
Previous
03 February 2025Monday
08:00
EUR
Austrian HICP
Actual-
Forecast-
Previous0.7%
08:00
EUR
Austrian CPI
Actual-
Forecast-
Previous2.04%
08:00
EUR
Austrian CPI
Actual-
Forecast-
Previous0.56%
08:00
EUR
Austrian HICP
Actual-
Forecast-
Previous2.1%
08:15
EUR
HCOB Spain Manufacturing PMI
Actual-
Forecast53.5
Previous53.3
08:45
EUR
HCOB Italy Manufacturing PMI
Actual-
Forecast46.8
Previous46.2
08:50
EUR
HCOB France Manufacturing PMI
Actual-
Forecast45.3
Previous41.9
08:55
EUR
HCOB Germany Manufacturing PMI
Actual-
Forecast44.1
Previous42.5
09:00
EUR
Austrian Unemployment Change
Actual-
Forecast-
Previous352.9K
09:00
EUR
Austrian Unemployment Rate
Actual-
Forecast-
Previous8.3%
09:00
EUR
S&P Global Greece Manufacturing PMI
Actual-
Forecast-
Previous53.2
09:00
EUR
HCOB Eurozone Manufacturing PMI
Actual-
Forecast46.1
Previous45.1
10:00
EUR
Italian CPI
Actual-
Forecast0.4%
Previous0.1%
10:00
EUR
Italian CPI
Actual-
Forecast-
Previous1.3%
10:00
EUR
Italian HICP
Actual-
Forecast-
Previous1.4%
10:00
EUR
Italian HICP
Actual-
Forecast-
Previous0.1%
10:00
EUR
CPI
Actual-
Forecast2.4%
Previous2.4%
10:00
EUR
CPI, n.s.a
Actual-
Forecast-
Previous127.07
10:00
EUR
HICP ex Energy & Food
Actual-
Forecast-
Previous2.7%
10:00
EUR
Spanish Consumer Confidence
Actual-
Forecast-
Previous80.6
10:00
EUR
Core CPI
Actual-
Forecast-
Previous0.5%
10:00
EUR
Core CPI
Actual-
Forecast2.6%
Previous2.7%
10:00
EUR
CPI
Actual-
Forecast-
Previous0.4%
10:00
EUR
HICP ex Energy and Food
Actual-
Forecast-
Previous0.3%
11:00
EUR
Car Registration
Actual-
Forecast-
Previous26.40%
11:00
EUR
Car Registration
Actual-
Forecast-
Previous28.80%
11:00
EUR
Latvian Industrial Production
Actual-
Forecast-
Previous-3.0%
11:00
EUR
Latvian Industrial Production
Actual-
Forecast-
Previous-0.3%
12:00
EUR
French Car Registration
Actual-
Forecast-
Previous1.5%
14:00
EUR
French 12-Month BTF Auction
Actual-
Forecast-
Previous2.407%
14:00
EUR
French 3-Month BTF Auction
Actual-
Forecast-
Previous2.608%
14:00
EUR
French 6-Month BTF Auction
Actual-
Forecast-
Previous2.508%
17:00
EUR
Italian Car Registration
Actual-
Forecast-
Previous-4.9%
17:00
EUR
Car Registration
Actual-
Forecast-
Previous-8.90%
23:50
JPY
Monetary Base
Actual-
Forecast-0.5%
Previous-0.9%
3 February 2024 - 3 February 2025
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Actual
Forecast
Previous

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