EURJPY Surges Above 163.00 with Weakening Yen
The Euro has risen for the second consecutive day, largely driven by the delay of Trump’s tariff deadline. Meanwhile, the Yen has experienced a decline, contributing to the Euro’s strength. The EUR/JPY pair rebounded from last week’s lows at 161.00, now exceeding 163.00. Traders are eyeing the 163.45 area as they anticipate further movements fueled by broad-based weakness in the Yen. This dynamic trend offers abundant opportunities for traders looking to capitalize on market changes.