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EUR/JPY Went Down By Over 1% In The Last 5 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 1.52% for the last 5 sessions. At 08:10 EST on Tuesday, 9 May, EUR/JPY (EURJPY) is $147.91.

EUR/JPY’s yearly highs and lows, it’s 11.423% up from its 52-week low and 2.426% down from its 52-week high.

Volatility

EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.68%, 0.46%, and 0.59%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.79% (last week), 0.62% (last month), and 0.59% (last quarter), respectively.

News about

  • Usd/jpy price analysis: yen pares boj minutes-led gains below 135.00 as 50-sma prods bulls. According to FXStreet on Monday, 8 May, "With this, the USD/JPY bulls appear well-set to cross the 50-SMA hurdle surrounding 135.25. "
  • Usd/jpy signal: USD sees a lot of support via interest rates – 08 May 2023. According to DailyForex on Monday, 8 May, "However, if the USD/JPY currency pair were to turn around and break down below the ¥132.50 level, then it’s likely to see significant selling pressure, potentially leading to a move down to the ¥130 level."
  • External backdrop is supportive for a lower usd/jpy – MUFG. According to FXStreet on Monday, 8 May, "We continue to believe that the external backdrop is supportive for a lower USD/JPY which remains significantly overvalued.", "The ongoing loss of confidence in US regional banks over the past week and the looming US debt ceiling debt deadline which the US Treasury says could be hit in early June should continue to place downward pressure on USD/JPY in the near-term."
  • According to FXStreet on Sunday, 7 May, "Following the BoJ Minutes, USD/JPY remains on the front foot while extending Friday’s recovery to 135.25 by the press time."
  • According to FXStreet on Tuesday, 9 May, "The news allows USD/JPY to extend the latest gains past 135.00, around 135.20 by the press time as it prints three-day uptrend. "

More news about EUR/JPY (EURJPY).

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