163.135 JPY
+1.32 (+0.82%)

EURJPY Key Statistics

Open price
161.811
High today
163.369
Low today
161.003
52 Week high
175.42
52 Week low
153.134
Trading hours
-12:00
-11:00
-10:00
-09:00
-08:00
-07:00
-06:00
-05:00
-04:00
-03:00
-02:00
-01:00
UTC 00:00
+01:00
+02:00
+03:00
+03:30
+04:00
+04:30
+05:00
+05:30
+05:45
+06:00
+07:00
+08:00
+09:00
+09:30
+10:00
+11:00
+12:00
+12:45
+13:00
+14:00
UTC 00:00
Symbol trading specification
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About EURJPY

The EURJPY refers to the cross between EURO, the currency of the Eurozone, and JPY, Japan's currency. The EURJPY is a minor currency pair and is the seventh most popular pair traded on the forex market. It represents around 3% of all daily transactions because high levels of volatility provide plenty of trading opportunities to traders and investors.

What is EURJPY?

The EURJPY currency pair was created on 1st January 1999, when the EURO was introduced as a new currency. However, the pair started trading on the forex market on 4th January 1999. Since then, it has become one of the world's most actively traded currency pairs.

Regarding individual currency, JPY is the third most widely traded currency globally and the fourth reserve currency due to the solid Japanese industrial base. On the other hand, EURO is the second most commonly traded currency, after the US dollar, and its value is highly dependent on the exports of the Eurozone. Investors willing to understand how to trade EURJPY must pay attention to that kind of details.

How does EURJPY work?

It works through trading in the forex market on online platforms like SimpleFX. It provides solutions such as a demo account, which enables traders eager to learn how to invest in EURJPY start without risking their real assets.

Several factors influence the exchange rate price, including macroeconomic and geopolitical events, market sentiment, and financial conditions of the Eurozone and Japan. Besides these factors, the policies of the central banks of Japan and the Eurozone also influence the EURJPY price.

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