17 Dec 2014
EUR/JPY erases gains, holds near weekly lows
FXStreet (Córdoba) - EUR/JPY rose earlier but the upside was capped by 146.45; then reversed and recently printed a fresh session low at 145.67.
EUR/JPY back below 146.00
The pair failed to hold above 146.00 and pulled back. So far it has been able to hold above the daily low that lie at 145.46.
So far, today’s price range has remains within yesterday’s when it bottomed slightly below 145.00 but then bounced and jumped to 147.00, to finish the day around 145.60.
The euro was unaffected by the release of inflation data from the Eurozone while the Japanese currency is falling modesday in the market, weakened as the USD/JPY climbed back above 117.00.
EUR/JPY back below 146.00
The pair failed to hold above 146.00 and pulled back. So far it has been able to hold above the daily low that lie at 145.46.
So far, today’s price range has remains within yesterday’s when it bottomed slightly below 145.00 but then bounced and jumped to 147.00, to finish the day around 145.60.
The euro was unaffected by the release of inflation data from the Eurozone while the Japanese currency is falling modesday in the market, weakened as the USD/JPY climbed back above 117.00.