The EUR/JPY currency pair is trading steadily around 183.80 during early European trading hours on Tuesday. This flat performance reflects a cautious market as traders monitor developments in monetary policy. With the Bank of Japan (BoJ) hinting at potential rate hikes in 2026, the Japanese Yen (JPY) may find some support against the Euro (EUR).
Market participants are keeping a close eye on the BoJ's signals, which could influence the exchange rate in the coming months. As expectations for tightening measures grow, the JPY is likely to react positively, maintaining its position against the EUR. The current trading levels indicate a wait-and-see approach as investors assess the implications of future rate adjustments on the broader forex market.
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Data Source: FX Killer Analysis Team Updated: 2025-12-30 06:32
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.