8 May 2014
EUR/JPY breaks below 141.00 and falls to 3-week lows
FXStreet (Córdoba) - The EUR/JPY is falling sharply on Thursday as the Euro remains weak in the market. Recently the pair broke below 140.80 (previous lows) and tumbled to 140.59 hitting the lowest price since April 15.
At the moment trades at 140.63, down 0.79% for the day so far. The euro is having the worst day in a month against the Yen and is headed toward the lowest daily close since April 8.
EUR/JPY breaking range
Since mid April the pair has been moving sideways around 141.50, with moves limited between 142.40 and 141.00. But today price is breaking decisively to the downside, pointing out to further weakness.
At the moment trades at 140.63, down 0.79% for the day so far. The euro is having the worst day in a month against the Yen and is headed toward the lowest daily close since April 8.
EUR/JPY breaking range
Since mid April the pair has been moving sideways around 141.50, with moves limited between 142.40 and 141.00. But today price is breaking decisively to the downside, pointing out to further weakness.