EUR/JPY is making headlines as it trades around 179.70 on Thursday, reflecting a 0.20% increase for the day. This latest movement extends a robust rally, marking the pair's fifth consecutive daily gain. Earlier in the session, EUR/JPY peaked at a multi-year high of 179.82, driven by waning risk sentiment that continues to weigh heavily on the Japanese Yen.
The upward momentum in the currency pair is indicative of broader market trends, where the Euro is gaining traction against the Yen amid fluctuations in global risk appetite. As traders remain cautious, the strengthening Euro against the Yen suggests a shift in investor focus, potentially impacting future exchange rates and trading strategies in the forex market.
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Data Source: FX Killer Analysis Team Updated: 2025-11-13 14:42
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.