(VIANEWS) – EUR/JPY (EURJPY) has been up by 0.7784% for the last session’s close. At 10:08 EST on Thursday, 29 February, EUR/JPY (EURJPY) is $162.00.
Eur/jpy plunges to near 162.30 following hawkish signals from boj’s takata
Furthermore, the Japanese Yen (JPY) could receive support due to concerns about potential intervention by Japanese authorities, which in turn undermines the EUR/JPY cross.
EUR/JPY (EURJPY) Range
About EUR/JPY’s daily highs and lows, it’s 0.466% down from its trailing 24 hours low of $162.76 and 0.856% down from its trailing 24 hours high of $163.40.
EUR/JPY’s yearly highs and lows, it’s 16.648% up from its 52-week low and 1.385% down from its 52-week high.
Volatility
EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.07%, 0.07%, and 0.39%, respectively.
EUR/JPY’s highest amplitude of average volatility was 0.16% (last week), 0.27% (last month), and 0.39% (last quarter), respectively.
Previous days news about EUR/JPY (EURJPY)
- Eur/jpy drifts lower amid growing speculation on BOJ norMalization. According to FXStreet on Tuesday, 27 February, "The EUR/JPY cross trades in negative territory after being rejected from the multi-month highs of 163.50 during the early European trading hours on Tuesday. ", "This, in turn, boosts the Japanese Yen and acts as a headwind for the EUR/JPY cross. "
- Eur/jpy price analysis: retreats amid speculation of boj hike, technicals signal potential downside. According to FXStreet on Tuesday, 27 February, "If the EUR/JPY tumbles below 163.00 and decisively breaks below the February 26 low of 162.56, that would exacerbate a test of the 162.00 mark, but on its way south, sellers will face the Tenkan-Sen at 162,31.", "The EUR/JPY is dropping late in the North American session, set to register losses of around 0.17% on Tuesday. "
- Eur/jpy price analysis: the bullish outlook remains intact above the 163.00 mark. According to FXStreet on Wednesday, 28 February, "The EUR/JPY cross finds support above the 163.00 psychological figure during the early European trading hours on Wednesday. ", " Technically, EUR/JPY maintains the bullish bias unchanged as the cross holds above the 50- and 100-period Exponential Moving Averages (EMA) on the four-hour chart. "
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