(VIANEWS) – EUR/JPY (EURJPY) has been up by 4.66% for the last 21 sessions. At 14:07 EST on Monday, 14 October, EUR/JPY (EURJPY) is $163.39.
EUR/JPY’s yearly highs and lows, it’s 10.554% up from its 52-week low and 6.855% down from its 52-week high.
Volatility
EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.14%, 0.20%, and 0.54%, respectively.
EUR/JPY’s highest amplitude of average volatility was 0.29% (last week), 0.58% (last month), and 0.54% (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 falls toward 1.0900 due to dovish sentiment surrounding the ECB. According to FXStreet on Monday, 14 October, "On the geopolitical front, escalating tensions in the Middle East have sparked concerns of a broader regional conflict, strengthening the safe-haven US Dollar and putting pressure on the risk-sensitive EUR/USD pair. ", "The decline of the EUR/USD pair could also be linked to a stronger US Dollar (USD), fueled by expectations that the US Federal Reserve (Fed) will slow the pace of borrowing cost reductions more than previously anticipated."
- Eur/usd extends downside below 1.0950 amid stronger US dollar. According to FXStreet on Monday, 14 October, "The EUR/USD pair extends the decline to near 1.0920 during the early Asian session on Monday. "
- According to FXStreet on Monday, 14 October, "For the time being, we suspect EUR/USD can hold support in the 1.0850/1.0900 area and could get a lift if Thursday’s ECB meeting isn’t quite as dovish as the market is now pricing.", "If anything, there is a slight risk that the ECB under-delivers on the easing cycle, and we do not expect the two-year EUR:USD swap differential to widen much further from here; we would not chase EUR/USD sub 1.0900 from this point unless, for instance, we saw a sharp spike in oil prices."
More news about EUR/JPY (EURJPY).
