After three days of persistent declines, Euro-Yen stabilises around 144.35

Published: November 25 2022, 07:45 GMT+0

After three days of persistent declines, Euro-Yen stabilises around 144.35

After closing at 144.25 yesterday, EUR/JPY began today at 144.25 with significant bullish sentiment driving EUR/JPY's price action higher. So far today, price action has drawn out a distinct 144.08 to 144.68 range.

Having set a peak of 147.48 around a month ago, Euro-Yen is now trading 2.19% below this level.

A look at other currencies also shows bullish price action as USD/CHF added 0.23% to its value, now trading at 0.9452. EUR/NZD is up 0.17%.

Meanwhile, USD/SGD is down to 1.3722, losing 32 pips, after closing at 1.3755 in the preceding trading session.

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