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May 27, 2025

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.

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