Currency converter
21 Nov 2024 17:14
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हमारी टीम के पास 7,000,000 से अधिक ट्रेडर हैं!
प्रतिदिन हम ट्रेडिंग को बेहतर बनाने के लिए एक साथ काम करते हैं। हम उच्च परिणाम प्राप्त कर रहे हैं और आगे की ओर बढ़ रहे हैं।
दुनियाभर के लाखों लोगों द्वारा हमारे काम को पहचानना, हमारे काम की सबसे अच्छी सराहना है! आपने आपनी पसंद बनाई है और हम आपकी अपेक्षाओं को पूरा करने के लिए हर संभव प्रयास करेंगे!
हम एक साथ एक अच्छी टीम हैं!
इंस्टाफॉरेक्स को इस बात का गर्व है कि वह आपके लिए काम कर रहा है!
एक्टर, यूएफसी 6 टूर्नामेंट का विजेता और एक सच्चा हीरो!
वह आदमी, जिसने अपनी मेहनत से सब किया है। वह आदमी, जो हमारे रास्तों पर चलता है.
टैक्टारोव की सफलता का राज लक्ष्य की ओर लगातर अग्रसर रहना है।
अपनी प्रतिभा के सभी पक्षों को प्रकट करें!
खोज करें, कोशिश करें, विफल हो-लेकिन कभी न रूकें!
इंस्टाफॉरेक्स- हमारी सफलताओं की कहानी यहाँ से शुरू होती है!
EUR/JPY is the cross currency pair against the U.S. dollar. As you can see the U.S. dollar is not present in this currency pair, however it still considerably influences it. That is obvious when you combine two charts: EUR/USD and USD/JPY. By uniting them, you can get an approximate chart of the EUR/JPY pair.
Both currencies are under the significant impact of the U.S. dollar. Therefore, it is necessary to follow the main indicators of the U.S. economy to forecast correctly the future movement of this financial instrument. There are some indicators such as the interest rate, GDP, unemployment, new workplaces, and many others. It is important to consider that listed above currencies can react differently to the economic changes in the U.S.
When you predict the future EUR/JPY movement, you should take into account all the important changes in Japan and the EU economy. The official reports of the Japanese and EU’s governments can also provoke the movement of this currency pair, so you should observe them regularly.
The interest rate set by the Bank of Japan to control national economy is one of the most influential indicators of the Japanese economy. The manipulations with the state bonds also should be considered. Since Bank of Japan manages a lot of economic processes by buying and selling them, the government bonds, in their turn, have an effect on the value of the yen.
The main international political and economic events considerably influence the EUR/JPY. So the forecasting of this currency pair trend is rather problematic, because usually it is contrary to any analysis.
This currency pair is not recommended to beginning traders to start with. To work with this financial instrument it’s necessary to keep in mind lots of nuances that can have dramatic impact on the future price movement.
Furthermore, you should remember that broker’s spread for this currency pair is generally higher than for the popular ones. That’s why before you start dealing with the cross pairs, thoroughly study the broker’s conditions to trade with specified trade instrument.