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June 20, 2025

EURJPY Surges Towards 16750 As Japanese CPI Inflation Woes Persist

During early European trading on Friday, the EUR/JPY currency pair attracted buyers, pushing its value towards 167.50. Despite strength in the euro, persistent uncertainty over the timing of the next Bank of Japan (BoJ) interest rate hike continues to weigh on the Japanese Yen (JPY). Analysts indicate that this sentiment could drive the EUR/JPY pair further into bullish territory as investor nerves over Japanese economic policies remain fraught. With inflationary pressures evident in Japan, traders should monitor upcoming economic reports closely to decipher future movements in this cross. What lies ahead for this trading couple amid mixed signals from both monetary policies?

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