EUR/JPY is trading around 181.90 during the Asian session on Wednesday, holding steady after two consecutive days of losses. The currency pair remains under pressure as Japan's Trade Balance shows signs of weakening, influencing market sentiments and prompting cautious trading behavior.
Market participants are now shifting their focus to the upcoming German IFO data, which could further impact the exchange rate of EUR/JPY. A positive reading may bolster the euro against the yen, while any disappointing figures could exacerbate the current downtrend. As traders navigate these developments, the dynamics of the currency pair remain closely tied to both regional economic indicators and broader market trends.
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Data Source: FX Killer Analysis Team Updated: 2025-12-17 04:53
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.