(VIANEWS) - EUR/JPY (EURJPY) has been up by 5.46% for the last 21 sessions. At 16:06 EST on Tuesday, 20 August, EUR/JPY (EURJPY) is $161.68.
Eur/jpy jumps to 163.00 amid notable JPY supply, looks to final eurozone CPI for some impetus
This, along with the underlying strong bullish sentiment across the global equity markets, is seen as a key factor undermining the safe-haven JPY and acting as a tailwind for the EUR/JPY cross., The EUR/JPY cross rallied nearly 130 pips from the Asian session low, around the 161.70 region and spikes to a fresh daily peak in the last hour amid the emergence of fresh selling around the Japanese Yen (JPY).
EUR/JPY's yearly highs and lows, it's 9.401% up from its 52-week low and 7.827% 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 positive 0.22%, a negative 0.20%, and a positive 0.39%, respectively.
EUR/JPY's highest amplitude of average volatility was 0.52% (last week), 0.60% (last month), and 0.39% (last quarter), respectively.
Previous days news about EUR/JPY (EURJPY)
- Eur/jpy dives to multi-day low, closer to mid-161.00s amid notable JPY buying. According to FXStreet on Monday, 19 August, "In the meantime, the JPY price dynamics will continue to play a key role in influencing the EUR/JPY cross in the absence of any relevant market-moving economic data due for release on Monday.", "Investors remain concerned about the risk of a further escalation of geopolitical tensions in the Middle East, which drives some haven flows towards the JPY and exerts downward pressure on the EUR/JPY cross. "
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