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Euro/Japanese Yen (EUR/JPY) Exchange Rate
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The EUR/JPY pair respected the support level at 128.50 for many sessions lately, which supports continuing the upward momentum, the pullback was only due to profit taking.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of July 10, 2017.
Our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for May 29, 2017
Begin the trading week prepared with the Forex forecast focusing on the major pairs you should watch out for during the week of May 15, 2017 here.
In light of strong gains for the Euro, supported by the safe outcome of the important French Elections, guarantees the continuity of the EU and the Euro with the expected loss of the far right candidate calling for the French Exit from the EU and abandoning the Euro.
The Japanese Yen was broadly higher during trading in Europe today as the geopolitical risks escalate with the possibility of more action by the United States in Syria, and now also in North Korea.
The US Dollar edged lower during Asian trade on Tuesday, largely as a result of growing tensions between the United States and Syria and North Korea.
Get the daily EUR/JPY Forex signal for February 22, 2017 here.
Get the Forex forecast for the week of January 16, 2017 focusing on some of the major currency pairs here.
Get DailyForex.com's weekly forecast featuring some of the major currency pairs for the trading week of December 19, 2016 here.
Get our trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for the week of December 11, 2016.
Friday’s trading session marked the final trading session in Q3 and the month of September, the quarterly data will be presented next week. It is the first quarter since the UK’s decision to leave the EU was taken. The world’s major markets were trading mixed last week.
Get our trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for this week of September 18, 2016
Get our trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for this week of September 12, 2016 here.
Presently, the Japanese Yen is seeing some broad volatility and is finding support.
The EUR/JPY pair has had a very bumpy last couple of months, and I don’t know that is going to change anytime soon.
Check out the Forex forecast for major currency pairs for the week of May 30, 2016 here.
The US Dollar edged higher versus the Japanese Yen, finding support after a member of Japan’s academia suggested that the Bank of Japan could expand Quantitative Easing measures by next month.
The US Dollar struck a fresh 10-day peak versus the Japanese Yen on concerns that the Bank of Japan’s intervention in the Yen is imminent.
Though the Dollar has recovered to some extent, earlier in today’s trading session, the Japanese Yen struck a new 18-month peak, adding to last week’s gain.