The EUR/JPY cross attracted selling pressure, hovering around 164.40 during the early European session on Wednesday. The Japanese Yen (JPY) gained strength against the Euro amid expectations for further policy normalization from the Bank of Japan (BoJ). This shift indicates potential market volatility as investors reassess the currency pair’s direction. As the situation unfolds, monitoring central bank policy movements will be crucial for foresight in trading this dynamic pair. Keep a lookout for updates as traders respond to new developments in the market.