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EUR/JPY: this pair shows the rate of euro to the Japanese yen. Due to its high volatility, this pair may be considered a risk asset. When trading this instrument, it’s necessary to follow the release of important economic indicators: inflation, employment, balances of trade, while interest rates set by the central banks are a downright fundamental factor that forms the pair’s price. Moreover, the rate of Japanese yen is controlled by the state, which should also be considered when trading. This instrument is traded most actively during the Asian trading session. There’s a correlation between this pair and EUR/GPB. Its volatility may reach 600 pips a day.
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Friday, June 18th, today’s news—the websites of dozens of financial institutions and airlines in Australia …
Read more...The Australian dollar fluctuated in a narrow range tilted to the downside during the Asian …
Read more...Gold futures rose by nearly one percent during the Asian session, to witness its rebound …
Read more...The pair remains under strong pressure amid the increased inflation in the US and …
Read more...Descending wave patterns are truncated. Probably, a triple reversal wave pattern has formed. Awesome …
Read more...#DE
The overall trend is upward. The price pivot zone of 321.56 holds back sellers. …
