The EUR/JPY currency pair continues its upward climb, trading around 161.60 during Wednesday’s Asian session. This movement marks the second consecutive day of gains for the cross pair. The strength of the Euro contrasts with the weakness of the Japanese Yen, driven by ongoing global risk sentiment. Economic factors, including the potential introduction of new US tariffs on Japan, create a dynamic market landscape. Traders should remain vigilant and consider these elements as they shape expectations for future price movements.