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fxJul 22, 2026, 6:41 PM

EUR/JPY Edges Higher as Yen Stays Near Multi-Decade Lows

EUR/JPY rose marginally to 186.20 on Wednesday, with the yen under pressure near multi-decade lows. Traders are cautious ahead of the ECB decision and Japanese inflation data.

EURJPY

The euro traded slightly higher against the yen on Wednesday, with the pair hovering near 186.20. The yen remains under pressure, stuck close to multi-decade lows, as market participants take a wait-and-see approach.

Investors are refraining from building large positions ahead of the European Central Bank's upcoming monetary policy decision, as well as upcoming inflation data from Japan. The euro has been relatively stable in the run-up to these events.

Source: FXStreet Forex News