EUR/JPY

EUR (Euro)
Currency unit of Eurozone which includes 18 leading countries of Europe. The second world’s reserve currency after US dollar in order of importance.
Issued by: European Central Bank (ECB)
Price dynamics depends on the interest rates of ECB, inflation and growth rates of the region’s economy.

JPY (Japanese yen)
Currency unit of Japan. It is one of the main currencies of Asian-Pacific Region with a floating rate.
Issued by: Bank of Japan
Price dynamics depends on the interest rates of Bank of Japan, inflation and growth rates of the region’s economy. For many years the main priority for the country has been a stimulation of the growth and a fight with deflation by means of capping the national currency appreciation.