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EUR/JPY Over 1% Up In The Last 10 Sessions

ViaNews Editorial Team

February 16, 2024

EUR/JPY Over 1% Up In The Last 10 Sessions

(VIANEWS) - EUR/JPY (EURJPY) has been up by 1.6% for the last 10 sessions. At 09:09 EST on Friday, 16 February, EUR/JPY (EURJPY) is $161.80.

EUR/JPY's yearly highs and lows, it's 16.501% up from its 52-week low and 1.51% down from its 52-week high.

Volatility

EUR/JPY's last week, last month's, and last quarter's current intraday variation average was 0.11%, 0.06%, and 0.43%, respectively.

EUR/JPY's highest amplitude of average volatility was 0.16% (last week), 0.30% (last month), and 0.43% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/JPY's Forex is considered to be oversold (<=20).

Previous days news about EUR/JPY (EURJPY)

  • Eur/jpy weakens below 161.30 ahead of eurozone GDP data. According to FXStreet on Wednesday, 14 February, "Some verbal intervention from the Japanese authorities boosts the Japanese Yen (JPY) and weighs on the EUR/JPY cross. ", "Market players will take cues from the events and find trading opportunities around the EUR/JPY cross."
  • Eur/jpy retreats despite the technical recession in Japan, edges lower to near 161.10. According to FXStreet on Thursday, 15 February, "Additionally, the escalated geopolitical tensions in the Middle East boost demand for the safe-haven JPY and drags the EUR/JPY cross to 161.10 during the European session on Thursday."

More news about EUR/JPY (EURJPY).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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