Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register
cabinet icon

InstaForex – always at the forefront!Open a trading account and become a part of the InstaForex Loprais Team!

Success history of the team headed by Ales Loprais can become your success history! Trade confidently and head towards leadership like regular participant of Dakar Rally and winner of Silk Way Rally InstaForex Loprais Team does it!

Join in and win with InstaForex!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

EURJPY (Euro vs Japanese Yen). Exchange rate and online charts.

Currency converter

Euro vs Japanese Yen
126.18
14 Aug 2020 23:59
Price Change (% chg)
0.01
(0.01%)
Prev Close
Prev Close

Closing price, the previous day.
126.27
Open
Open

Opening price.
125.93
Day's High
Day's High

The highest price over the last trading day.
126.43
Day's Low
Day's Low

The lowest price over the last trading day
125.71
52-wk High
52-wk High

Price range high in the last 52 weeks
126.73
52-wk Low
52-wk Low

Price range low in the last 52 weeks
114.4

EUR/JPY is the cross currency pair against the U.S. dollar. As you can see the U.S. dollar is not present in this currency pair, however it still considerably influences it. That is obvious when you combine two charts: EUR/USD and USD/JPY. By uniting them, you can get an approximate chart of the EUR/JPY pair.

Both currencies are under the significant impact of the U.S. dollar. Therefore, it is necessary to follow the main indicators of the U.S. economy to forecast correctly the future movement of this financial instrument. There are some indicators such as the interest rate, GDP, unemployment, new workplaces, and many others. It is important to consider that listed above currencies can react differently to the economic changes in the U.S.

When you predict the future EUR/JPY movement, you should take into account all the important changes in Japan and the EU economy. The official reports of the Japanese and EU’s governments can also provoke the movement of this currency pair, so you should observe them regularly.

The interest rate set by the Bank of Japan to control national economy is one of the most influential indicators of the Japanese economy. The manipulations with the state bonds also should be considered. Since Bank of Japan manages a lot of economic processes by buying and selling them, the government bonds, in their turn, have an effect on the value of the yen.

The main international political and economic events considerably influence the EUR/JPY. So the forecasting of this currency pair trend is rather problematic, because usually it is contrary to any analysis.

This currency pair is not recommended to beginning traders to start with. To work with this financial instrument it’s necessary to keep in mind lots of nuances that can have dramatic impact on the future price movement.

Furthermore, you should remember that broker’s spread for this currency pair is generally higher than for the popular ones. That’s why before you start dealing with the cross pairs, thoroughly study the broker’s conditions to trade with specified trade instrument.

Close
Widget calback
Our specialist
will call you back
in five minutes
We will navigate you
through the website and
answer all your questions!
Preferred Type of Connection
Preferred language
  • English
  • Русский
  • العربية
  • Bahasa Indonesia
  • Bahasa Melayu
  • বাংলা
  • Български
  • 中文
  • Español
  • हिन्दी
  • Asụsụ Igbo
  • Português
  • اردو
  • ไทย
  • Українська
  • Tiếng Việt
  • Èdè Yorùbá
A call-back request was accepted.
Our specialists will contact you as soon as possible.
An error occurred.
Please try again later.
Can't speak right now?
Ask your question in the chat.