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EUR/JPY

EUR (Euro)
Currency unit of the Eurozone, which includes 18 leading countries of Europe. The world’s second largest reserve currency after the US dollar in order of importance.
Issued by: European Central Bank (ECB)
The price dynamics depend on interest rates of the 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 the Asian-Pacific Region with a floating rate.
Issued by: Bank of Japan
The price dynamics depend on interest rates of the Bank of Japan, inflation and growth rates of the region’s economy. For many years the main priority for the country has been to stimulate growth and counter against deflation by means of capping the national currency appreciation.