The EUR/JPY currency pair shows strength, trading around 181.60 during the early European session on Tuesday. This uptick comes as the Japanese Yen experiences weakness against the Euro following a significant 7.6-magnitude earthquake that struck northeastern Japan late on Monday. The event has created concerns about potential economic disruptions, contributing to the Yen's decline.
As the exchange rate holds above the key technical level of 181.50, the positive outlook for EUR/JPY remains intact. Traders are closely monitoring the situation as market sentiment shifts in response to the earthquake's aftermath, which could influence future trading patterns and economic forecasts for both currencies.
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Data Source: FX Killer Analysis Team Updated: 2025-12-09 04:48
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.