EURJPY is a popular cross pair among retail traders. The supporting economies are both huge and affected by different factors. This provides increased liquidity. Though trying to predict its movement is considered a difficult task for novice traders. The Bank of Japan holds the Japanese yen’s rate lower to make locally made goods competitive worldwide.
Spreads and conditions
- Minimum spread
- 1.1
- Average spread
- 1.1
- Swap short (pips)
- -1.90
- Swap long (pips)
- -1.30
- Contract size
- 100 000 EUR
- Pip price (USD/LOT)
- 9.64
- Islamic acc fee (short)
- -1.90
- Islamic acc fee (long)
- -1.30