Eur jpy forex rate. EUR/JPY exchange rate. Charts, forecast poll, current trading positions and technical analysis. Keep informed on EUR/JPY updates.

Eur jpy forex rate

May 24th 2017 Morning EUR/JPY Rate Prediction

Eur jpy forex rate. Current exchange rate EURO (EUR) to JAPANESE YEN (JPY) including currency converter, buying & selling rate and historical conversion chart.

Eur jpy forex rate


Japanese Yen exchange rate. 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.

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 Coming off of a string of much stronger than expected Euro-Zone PMI data, the Euro has few obstacles in its way on the calendar to continue its push higher. Setups Remain on Both Sides. But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

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