(VIANEWS) – EUR/JPY (EURJPY) has been up by 1.02% for the last 10 sessions. At 16:08 EST on Monday, 5 February, EUR/JPY (EURJPY) is $159.70.
EUR/JPY’s yearly highs and lows, it’s 14.989% up from its 52-week low and 2.788% down from its 52-week high.
Volatility
EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.22%, a positive 0.03%, and a positive 0.43%, respectively.
EUR/JPY’s highest amplitude of average volatility was 0.37% (last week), 0.32% (last month), and 0.43% (last quarter), respectively.
News about
- According to DailyForex on Monday, 5 February, "Within the current market dynamics, it is highly probable that the EUR/USD pair will continue to fluctuate within this particular range. ", "Traders may consider using the EUR/USD pair as an indicator for developments related to the US dollar rather than as a direct reflection of the European economic situation. "
- Eur/usd dips amid powell’s remarks, high US yields. According to FXStreet on Monday, 5 February, "At the time of writing, the EUR/USD trades at 1.0742 after hitting a high of 1.0785.", "The EUR/USD has fallen below the 100-day moving average (DMA) at 1.0783, diving to a new year-to-date (YTD) low of 1.0725, about to pierce the December 8 low of 1.0723. "
- Eur/usd languishes near YTD low as traders continue to trim fed rate cut bets. According to FXStreet on Monday, 5 February, "A sustained strength beyond, however, might trigger a short-covering rally and allow the EUR/USD pair to reclaim the 1.0900 round figure. ", "This is seen as another factor dragging the EUR/USD pair lower and supports prospects for deeper losses."
- Eur/usd to drift higher in the second half of the year – MUFG. According to FXStreet on Monday, 5 February, "We remain neutral on EUR/USD in H1 but see a slowing US economy emerging, contrasting somewhat with a modest pick-up in Eurozone growth which will allow for EUR/USD to drift higher in H2, although the move will be curtailed by US political risks."
- Eur/usd forex signal: bearish price channel – 05 February 2024. According to DailyForex on Monday, 5 February, "My previous EUR/USD signal on 24thJanuarywas not triggered as there was insufficiently bearish price action when the resistance levels were first reached that day.", "In my previous analysis ofthe EUR/USD currency pairalmost two weeks ago, I wrote that the resistance level at $1.0876 looked likely to be the level which would determine what would happen over the day. "
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