EUR/JPY continues to trade within a tight range, remaining below the significant level of 181.00 as mixed market signals weigh on its momentum. Despite a slight intraday uptick on Wednesday, the currency pair faces challenges in gaining traction. The Bank of Japan's (BoJ) hawkish outlook contrasts with the European Central Bank's (ECB) optimism, contributing to the pair's restrained performance.
Market participants are exercising caution amid the conflicting economic indicators, keeping the exchange rate within its weekly bounds. This indecisiveness suggests traders should be wary of making aggressive bets on the EUR/JPY pair, as ongoing fluctuations may persist until clearer signals emerge from both central banks. With the current trading dynamics, the outlook for the pair remains uncertain as it navigates these mixed fundamentals.
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Data Source: FX Killer Analysis Team Updated: 2025-11-26 04:47
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.