EUR/JPY Gains Near 162.00 as Euro Strengthens Amid Capital Flows
EUR/JPY has rebounded after facing losses in the previous sessions, now trading near 162.00 this Wednesday. The currency pair is gaining strength as the Euro receives support from real money flows, with investors hedging against dollar exposure while repatriating US assets. This trend indicates a shift in market focus, prompting traders to consider potential implications for this currency pair in the upcoming sessions.