Euro-Yen currency pair adds 64 pips or 0.43%

Published: May 27 2023, 01:46 GMT+0

Euro-Yen currency pair adds 64 pips or 0.43%

A quick look at yesterday: EUR/JPY ended Thursday at 150.22. yesterday it went up to 150.93 only to drop back, yet still managed to close at 150.87.

Meanwhile, Japan CFTC JPY speculative net positions released yesterday at 20:30 UTC with a figure of -80,700, while the previous figure was -64,800. Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 173,700, while the previous figure was 187,100. Data from France concerning Jobseekers Total was released yesterday at 10:00 UTC. Newly published figures emphasized continued decline from last month's figure of 2.79 million to 2.80 million this month.

A look at other currencies also shows bullish price action as GBP/NZD soars 0.52% yesterday and closed at 2.0311. Notably, GBP/JPY rose 0.64% yesterday and closed at 172.53. USD/JPY ascends 0.41% yesterday and closed at 140.05.

This year has been a bright one for Euro-Yen after trading as low as 135.1 and going on to appreciate by 7.66% year to date.

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