Thinking of trading EUR/JPY?
- 1. The EUR / JPY exchange attracts the attention of traders because they are two substantially independent economies. The fact that the European Union is one of Japan's commercial partners which, in turn, is strongly oriented towards the US and Chinese market means that market participants can develop their own theories in relation to the trend that the pair will undertake. 2. Finally, the Euro / Yen exchange rate is noteworthy due to the dependence of the two currencies on the respective central banks. The Bank of Japan, unlike the ECB , is strongly oriented towards the control and intervention on the exchange rate trend of the Japanese currency.
Trading CFDs involves significant risk of loss
How would you like to trade EUR/JPY?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
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Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade EUR/JPY with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.
1. The quality of the Yen as a safe-haven currency might play in the trader's advantage. Due to European times of uncertainty, trading this pair will seem reasonable to many. During the financial crisis, unstable market in 2010, during Italian elections in 2013 and in many other phenomenons, the yen has seen itself rise between a 20%, 10% and 5% respectively. Watch out for Brexit as EUR/JPY might play to be the winning pair. 2. Other things to keep in mind when trading the EUR/JPY would be the fact that the Japanese authorities are somewhat freer when it comes to launching new initiatives to lower the currency's value in order to increase exports. If you have positions in the EUR/JPY you should keep an eye out, as these initiatives tend to have little to no warning.
Risk Disclaimer Fondex provides this content/feature as no more than information. In particular, no advice is intended to be provided or to be relied on as provided nor endorsed by Fondex, nor any solicitation or incentive provided to subscribe for or sell or purchase any financial instrument or to join and/or terminate any of the trading strategies. The Investor is solely responsible for the choice of the signal provider, choice of trading strategy, the choice whether to sell or purchase any financial instrument on his/her trading account and monitoring of the trading activities. All trading or investments you make must be pursuant to your own unprompted and informed self-directed position. Please keep in mind that past performance is no guarantee of future results.
For more information, please view the 'Risk Disclosure'