The EUR/JPY currency pair is trading steadily around the 183.80 mark in the early European session on Wednesday. This stability comes amid a backdrop of hawkish sentiments from the Bank of Japan (BoJ), as highlighted in the recent December meeting "Summary of Opinions." Several board members indicated support for ongoing monetary tightening and potential rate hikes in 2026, which could influence the exchange rate in the near future.
Market participants are keeping a close eye on resistance levels above 185.00, which could signal further bullish momentum for the pair. As traders assess the implications of the BoJ's stance and potential market reactions, the EUR/JPY's performance will remain pivotal in the context of broader forex dynamics, particularly against the backdrop of fluctuating USD and EUR sentiments.
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Data Source: FX Killer Analysis Team Updated: 2025-12-31 06:33
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.