EUR/JPY Climbs on ECB Tightening Hopes, Japan’s Fiscal Concerns
EUR/JPY traded around 181.70 on Monday, up 0.44% on the day, as renewed Euro optimism and persistent Yen weakness drove gains.
EURJPY
On Monday, EUR/JPY rose 0.44% to trade near 181.70. The euro drew support from heightened expectations for further European Central Bank tightening, while the yen remained under pressure due to Japan’s fiscal concerns. The move reflects a broader divergence in monetary policy outlooks between the Eurozone and Japan.
Source: FXStreet Forex News