Euro Pauses Near 12-Week High Against Yen
The EUR/JPY cross consolidated modest losses on Friday, hovering near a 12-week high as fresh data from Japan and the Eurozone failed to generate a strong market response.
EURJPY
EUR/JPY traded around 186.30 on Friday after reaching a 12-week high of 186.67 earlier in the session. The pair paused following upbeat Eurozone PMI figures and mixed Japanese data that did not spark significant volatility.
Market participants are now looking for clearer directional cues, with the cross remaining close to recent resistance levels. The lack of a decisive breakout suggests traders are waiting for further catalysts.
Source: FXStreet Forex News