EUR/JPY continues to decline, dipping to around 179.40 during Asian trading on Monday. This marks the second consecutive day of losses for the currency pair, following a pullback from its recent record high of 179.97. The slip comes after Japan released preliminary Q3 GDP data that was less disappointing than expected, influencing market sentiment.
With the exchange rate hovering near 179.50, traders are closely monitoring the economic indicators from both Japan and the Eurozone. The recent performance of EUR/JPY highlights the ongoing volatility in forex markets, as investors weigh the implications of Japan's economic recovery against broader trends in the USD and EUR sectors. As trading continues, market participants remain vigilant for further developments that could impact this key currency pair.
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Data Source: FX Killer Analysis Team Updated: 2025-11-17 04:47
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.