2 Jul 2015
EUR/JPY holds above 136.00, steady despite Greece and NFP
FXStreet (Córdoba) - EUR/JPY is trading modestly higher on Thursday but remains moving sideways as volatility continues to trend lower after soaring on Monday.
The pair remained between 136.00 and 137.00, after today’s US employment report and also unaffected by news from Greece, where Yanis Varoufakis said to Bloomberg that if the “yes” vote wins Sunday’s referendum he would resign.
EUR/JPY unaffected by data
Since the beginning of to the day the pair moved with an upside bias and peaked on European hours at 136.90. After the NFP report the yen gained momentum across the board and pushed EUR/JPY to the downside.
The pair found support above 136.30 and it was trading at 136.55/60, up 40 pips from yesterday’s closing price but 150 below where it was a week ago.
The pair remained between 136.00 and 137.00, after today’s US employment report and also unaffected by news from Greece, where Yanis Varoufakis said to Bloomberg that if the “yes” vote wins Sunday’s referendum he would resign.
EUR/JPY unaffected by data
Since the beginning of to the day the pair moved with an upside bias and peaked on European hours at 136.90. After the NFP report the yen gained momentum across the board and pushed EUR/JPY to the downside.
The pair found support above 136.30 and it was trading at 136.55/60, up 40 pips from yesterday’s closing price but 150 below where it was a week ago.