(VIANEWS) – EUR/JPY (EURJPY) has been up by 1.4% for the last 5 sessions. At 15:08 EST on Monday, 8 January, EUR/JPY (EURJPY) is $157.95.
EUR/JPY’s yearly highs and lows, it’s 14.527% up from its 52-week low and 3.853% down from its 52-week high.
Volatility
EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.41%, 0.08%, and 0.44%, respectively.
EUR/JPY’s highest amplitude of average volatility was 0.53% (last week), 0.53% (last month), and 0.44% (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).
News about
- Eur/usd to climb back to 1.16 by end-2024 – socgen. According to FXStreet on Monday, 8 January, "We only forecast modest growth, with GDP increases of 0.8% in 2024 and 1.1% in 2025, but this should be enough to take EUR/USD higher.", "We don’t, however, expect EUR/USD to return to the levels it reached then, given the growth hurdles still facing the Eurozone."
- Eur/usd: on unstable ground this quarter – ING. According to FXStreet on Monday, 8 January, "We continue to see EUR/USD on unstable ground this quarter, and any positive impact from softer US data/better EZ data may be more short-lived than downside corrections."
- Eur/usd: weekly forecast 7th January – 13th January – 07 January 2024. According to DailyForex on Sunday, 7 January, "Having gone into the New Year’s holiday rather confidently above 1.10000, the EUR/USD was quickly smacked lower in Forex as trading opened on the 2nd of January. ", "Large institutional players will likely react to the trading from the past two weeks of results in the EUR/USD and the currency pair is probably going to have some early volatility. "
- According to FXStreet on Monday, 8 January, "At the time of press, the EUR/USD pair was virtually unchanged on the day at 1.0950."
More news about EUR/JPY (EURJPY).
