The EUR/JPY currency pair is trading flat at approximately 181.10 during the early European session on Thursday. Market participants are closely monitoring the upcoming Eurozone Retail Sales data, which could influence the exchange rate as traders assess consumer spending trends in the region.
Anticipation of a potential rate hike by the Bank of Japan (BoJ) is lending some support to the Japanese Yen (JPY) against the Euro (EUR). This hawkish sentiment from the BoJ may impact trading strategies, as investors weigh the implications for the yen's value in the near term. As a result, fluctuations in this currency pair could reflect broader market trends and sentiment as economic indicators are released.
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Data Source: FX Killer Analysis Team Updated: 2025-12-04 05:44
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.