EUR/JPY (EURJPY)
EUR/JPY is the exchange rate between the Euro (EUR) and the Japanese Yen (JPY): how many units of the Japanese Yen are needed to buy one unit of the Euro. EURJPY is a cross rate and is quoted without the US dollar.
The pair is driven mainly by monetary policy from the European Central Bank (ECB) and the Bank of Japan (BoJ), together with inflation, interest rates, labour-market data, GDP, commodity prices and overall risk sentiment. Without the US dollar inside the pair, liquidity is thinner than in the majors and moves can be sharper.
This page collects EURJPY forecasts, technical analysis, economic-calendar events, key support and resistance levels, futures margin data and market statistics, updated on a regular basis.
Trading Specifications EURJPY
ℹ INFO
| Specification | Details |
|---|---|
| Symbol | EUR/JPY (EURJPY) |
| Asset Class | Forex Cross Currency Pair |
| Base Currency | Euro (EUR) |
| Quote Currency | Japanese Yen (JPY) |
| Min. Price Increment | 0.01 (1 pip) |
| Trading Hours | 24 hours, Monday–Friday |
| Most Active Trading Period | London–New York overlap (approx. 12:00–16:00 UTC) |
| Key Market Drivers | the European Central Bank (ECB), the Bank of Japan (BoJ), interest-rate differentials and global risk sentiment |
Marginal Data EURJPY
Margin
$675000
2026-10-08
Point Cost
$1250.00
per 1 pp
Points
540 pp
margin / cost
Economic Calendar (High Impact Events) EUR/JPY
Current Week (05.10–11.10)
| Time | Event | Cur. | Actual | Forecast | Prev. | Eff. |
|---|---|---|---|---|---|---|
| 05.10 03:30 | au Jibun Bank Services PMI | JPY | 51.6 | 51.6 | — | |
| 05.10 10:15 | S&P Global Services PMI | EUR | 57.1 | 57.8 | — | |
| 05.10 10:45 | S&P Global Services PMI | EUR | 54.1 | 55.2 | — | |
| 05.10 10:50 | S&P Global Services PMI | EUR | — | |||
| 05.10 10:55 | S&P Global Services PMI | EUR | — | |||
| 05.10 11:00 | S&P Global Services PMI | EUR | — | |||
| 05.10 12:00 | ECB Executive Board Member Schnabel Speech | EUR | — | |||
| 06.10 06:35 | 10-Year JGB Auction | JPY | 3.101% | 2.995% | — |
FAQ EUR/JPY
What is EUR/JPY?
EUR/JPY, also written as EURJPY, is the exchange rate between the Euro and the Japanese Yen — how many units of the Japanese Yen are needed to buy one Euro. It is a cross rate, so it does not contain the US dollar.
Why does EUR/JPY move?
The main long-term driver is the difference between the monetary policies of the European Central Bank (ECB) and the Bank of Japan (BoJ). In the short term the pair reacts to inflation, employment and GDP releases, commodity prices and global risk sentiment.
Why is the interest-rate differential important?
When one central bank keeps rates higher than the other, assets in that currency usually look more attractive and capital tends to move towards it. A widening differential typically supports the higher-yielding currency, while a narrowing one works against it.
When is the most active trading period?
Liquidity in EUR/JPY is highest during the London–New York overlap, roughly 12:00–16:00 UTC, when spreads are usually tighter. Asian-session moves often react to Australian and Japanese data.
What data is published on this page?
The page collects EURJPY analysis, key support and resistance levels, economic-calendar events and futures margin data, and it is refreshed regularly.