💱 EURJPY (€/¥) & STATISTICS

ℹ️ The Euro versus the Japanese Yen. EURJPY is one of the most liquid Euro crosses, combining the Euro’s popularity with Japan’s strong export performance. It is a highly volatile Forex pair, traded with tight spreads. The Yen is traditionally a low-yielding currency, making it attractive for carry traders who sell the Yen to buy higher-yielding currencies.

✅ EURJPY represents1.9% of the foreign exchange market volume.

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📅 EURJPY SEASONAL PATTERNS:

According to our data {2000-2018}, these are the best months to go long/short on EURJPY:

 

🔺BEST MONTHS FOR LONG TRADES (↑)

• MARCH, average returns +0.78%, times (13-6), and +1.10% momentum

RECENT 5 PERIODS: 3 bullish out of 5

RELIABILITY: not a very reliable seasonal pattern (☆☆)

• NOVEMBER, average returns +0.94%, times (12-6), and +0.35% momentum

RECENT 5 PERIODS: 4 bullish out of 5

RELIABILITY: a relatively reliable seasonal pattern after 2011 (☆☆☆)

• DECEMBER, average returns +2.27%, times (13-5), and +1.22% momentum

RECENT 5 PERIODS: 3 bullish out of 5

RELIABILITY: a relatively reliable seasonal pattern. Historically, many strong bullish movements occurred in December (☆☆☆☆)

 

🔻 BEST MONTHS FOR SHORT TRADES (↓)

• AUGUST, average negative returns -1.32%, times (5-14), and -0.18% momentum

RECENT 5 PERIODS: 3 bearish out of 5

RELIABILITY: not a very reliable seasonal pattern (☆☆)

 

The full statistics of the pair are presented in the book (licensed by G. Protonotarios): ► The Hidden Patterns Behind 15 Forex Pairs: Revealing Momentum and Seasonal Patterns Based on 18.5 Years of Daily Exchange Rates

 

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🏦 EUR/JPY Central Banks

» European Central Bank (ECB)

☑️ The ECB was founded in 1998 and is based in Frankfurt, Germany. ☑️ It is governed by its Executive Board and the governors of the euro area’s national central banks. ☑️ Its main goals are financial stability and keeping inflation close to or below 2%. ☑️ The ECB uses a range of monetary tools, including interest rates, open market operations, and non-traditional measures like TLTROs and Quantitative Easing (QE). ☑️ The ECB’s foreign reserves are about 100 billion USD (as of 2025) and include major currencies, gold, and Special Drawing Rights (SDRs).

» Bank of Japan (BoJ)

☑️ The BoJ was founded in 1882. ☑️ It aims to keep the Japanese yen competitive, as Japan’s economy depends heavily on exports. ☑️ It has a 2% CPI inflation target. ☑️ Japan holds about 846 tonnes of gold reserves. ☑️ Japan’s foreign exchange reserves are large, at about 1,220 billion USD.

 

■ EURJPY Forex Statistics

Source: TradingCenter.org (c)