25 Apr 2014
EUR/JPY ends week flat
FXStreet (Córdoba) - The EUR/JPY finished the week practically flat trading around 141.30/40. During Friday’s European session price fell to 141.02, slightly below yesterday's lows and reached a fresh weekly low but then bounced toward 141.50.
On Wednesday the EUR/JPY peaked at 141.99 but then lost momentum. It was a quiet week for the pair as it moved between 141.00 and 142.00. Volatility across the forex market continues to fall.
Next week, with the FOMC statement, NFP and GDP data from the US, the Yen is likely to be affected while inflation data from the Eurozone could have consequences on the Euro.
On Wednesday the EUR/JPY peaked at 141.99 but then lost momentum. It was a quiet week for the pair as it moved between 141.00 and 142.00. Volatility across the forex market continues to fall.
Next week, with the FOMC statement, NFP and GDP data from the US, the Yen is likely to be affected while inflation data from the Eurozone could have consequences on the Euro.