The EUR/JPY currency pair is experiencing a positive bias, trading around the 180.70 mark after a modest bounce from a four-day low near the psychological level of 180.00. This upward movement occurred during the Asian session on Tuesday, indicating a renewed interest among traders in this exchange rate.
Market participants are now looking ahead to the upcoming Eurozone Harmonized Index of Consumer Prices (HICP) data, which could provide fresh impetus for the pair. Analysts anticipate that stronger inflation figures may further strengthen the euro against the yen, potentially driving the exchange rate higher amidst ongoing geopolitical and economic developments.
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Data Source: FX Killer Analysis Team Updated: 2025-12-02 05:19
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.