EURJPY has bounced back from its recent losses and is trading around 164.00 during the Asian trading session on Thursday. The currency pair finds support as the Japanese Yen weakens due to a decrease in safe-haven demand. This shift follows a significant ruling from a US federal court that blocked President Donald Trump’s tariffs on imports from taking effect, leading to reduced investor anxiety. As the market shifts its focus, the EURJPY’s bullish momentum reflects a growing risk appetite among traders. Investors should monitor future developments in both monetary policy and geopolitical events, as they can influence currency movements. Stay updated with Entreprenerdly.com for more insights into forex trading.