The EUR/JPY pair has halted its three-day losing streak, trading around 156.70 during Monday’s Asian session. The rise in this currency cross raises questions about its sustainability amidst concerns that Japan may face trade repercussions from US tariffs.

Traders closely monitor how potential Bank of Japan rate hikes may further influence EUR/JPY movements. In a volatile environment marked by trade tensions, its upward potential might be limited.

This situation creates a cautious outlook for traders involved with this currency pair. Continuous analysis of market pressures will aid in understanding potential shifts.