EUR JPY Price Analysis: Euro climbs toward session highs with bullish trend intact
It is also common for a trader to use risk management techniques, such as stop-loss orders, to help manage their exposure to the pair. Other factors contributing to the yen's volatility include global economic conditions, geopolitical events, and shifts in investor sentiment. The yen is often considered a safe-haven currency, leading easymarkets review to increased demand during times of global uncertainty. Early Tuesday, US stock index futures trade in negative territory and the USD Index retreats slightly from the monthly high it set on Monday, reflecting a cautious market stance and allowing EUR/USD to hold its ground. On the other hand, if we turn around and take out the 0.65 level to the upside on a daily close, then I think the Aussie has a chance of going all the…