EUR/JPY is trading around 179.80 on Friday, remaining steady after recently hitting a multi-year high just below the 180.00 mark. The Eurozone's Q3 GDP figures have bolstered the euro, providing a supportive backdrop for the currency pair amid ongoing market dynamics.
Meanwhile, the Japanese yen continues to face pressure as uncertainty looms over the Bank of Japan's tightening plans. This lack of clarity has left the yen on the defensive, contributing to the euro's strength against the JPY. As traders assess potential moves by central banks, the exchange rate remains a key focus in forex markets.
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Data Source: FX Killer Analysis Team Updated: 2025-11-14 10:45
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.