Upwardly mobile Euro-Yen extends gains by 64 pips; closes session 0.43% higher

Published: May 27 2023, 02:01 GMT+0

Upwardly mobile Euro-Yen extends gains by 64 pips; closes session 0.43% higher

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.

At the same time, 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. France Jobseekers Total released yesterday at 10:00 UTC is better than expected at 2.80 million but down from preceding data of 2.79 million according to new data.

Other currencies are also rising as notably, GBP/NZD rose 0.52% yesterday and closed at 2.0311. GBP/JPY added 0.64% and closed around 172.53 yesterday. USD/JPY went up by 0.41% yesterday, and closed at 140.62.

Euro-Yen has gained 7.66% since its lowest print of 135.1 earlier this year.

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