EURJPY

EURJPY • Forex

Current Price: 163.103

About Euro - Japanese Yen

The Euro vs. the Japanese Yen. The Yen is a historically low-yielding currency, influencing traders to borrow cheaply in JPY to purchase higher-yielding currencies, including EUR. Because of this the pair is sensitive to broad-based market sentiment trend swings. Volatility may be found in news related to the Eurozone debt crisis and from the Bank of Japan’s anti-deflation policy efforts introduced in 2013.

How is EURJPY exchange rate calculated?
The value of the EURJPY pair is quoted as 1 EUR per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 EUR.

What is EURJPY volatility?
The term volatility describes the risk related to the changes in an asset's value. EURJPY has the volatility rating of 1.86%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.

What kind of pair EURJPY?
EURJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.