The EUR/JPY cross tumbles to around 163.15 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) as persistent trade-related uncertainties and geopolitical risks further boost the safe-haven flows.

FXStreet - The Foreign Exchange Market

02.06.2025

Japanese Yen climbs to multi-day top against USD; bulls have the upper hand amid divergent BoJ-Fed expectations

The Japanese Yen (JPY) continues with its relative outperformance against a weaker US Dollar (USD) and drags the USD/JPY pair to the 143.00 neighborhood, or a multi-day low heading into the European session on Monday.

FXStreet - The Foreign Exchange Market

02.06.2025

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FXStreet - The Foreign Exchange Market

Economy

Switzerland SVME - Purchasing Managers' Index came in at 42.1 below forecasts (46.5) in May

EUR/JPY Price Forecast: Bullish outlook remains in play above 163.00

Japanese Yen climbs to multi-day top against USD; bulls have the upper hand amid divergent BoJ-Fed expectations

Switzerland Gross Domestic Product (YoY) came in at 2%, above forecasts (1.5%) in 1Q

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