The EUR/JPY exchange rate softens, now trading near 164.85 in the early European session on Monday. This drop terminates a two-day winning streak for the pair. As uncertainties regarding trade intensify, the Japanese Yen gains strength against the Euro. Market analysts believe that the Bank of Japan will likely maintain its interest rate policy, potentially contributing to the Yen’s resilience. Investors should remain alert for further developments that impact both currencies, as shifts could shape future trading strategies.