{"id":12260,"date":"2022-05-19T20:09:02","date_gmt":"2022-05-19T17:09:02","guid":{"rendered":"https:\/\/roboforex.com/blog\/?p=12260"},"modified":"2026-05-26T10:57:03","modified_gmt":"2026-05-26T07:57:03","slug":"how-to-trade-eur-jpy","status":"publish","type":"post","link":"https:\/\/roboforex.com/blog\/blog\/2022\/05\/19\/how-to-trade-eur-jpy\/","title":{"rendered":"How to Trade EUR\/JPY"},"content":{"rendered":"\n

This overview shares with you some important and useful information about the EUR<\/a>\/JPY<\/a> currency pair<\/a>: what it is, what trading characteristics it has, and how to trade it.<\/p>\n\n\n\n

<\/span>What is EUR\/JPY currency pair<\/span><\/h2>\n\n\n\n

This currency pair<\/a> is a cross rate of two popular Forex<\/a> majors – EUR\/USD<\/a> and USD\/JPY<\/a>. They have already been described in our blog.<\/p>\n\n\n\n

A cross rate is the price of a country’s currency expressed in the currency of another country and defined via the currency of a third one. As the latter, the US dollar is used, which is the main international reserve currency.<\/p>\n\n\n\n

EUR\/JPY represents the dynamics of the EU currency through the Japanese yen. The euro is the base currency of the pair, so the current price represents for how many yens one can buy or sell one euro. If the quotes of the pair go up, this means the European currency gets stronger. If the quotes go down, the euro gets cheaper against the yen.<\/p>\n\n\n\n

\"EUR\/JPY<\/a>
EUR\/JPY price chart<\/em><\/figcaption><\/figure>\n\n\n\n

<\/span><\/a>Trading characteristics of EUR\/JPY<\/span><\/h2>\n\n\n\n