EUR/JPY holds losses near 163.50 following Germany’s HICP data – FXStreet

EUR/JPY remains lower around 163.50 after the release of Germany’s HICP data. The currency pair is holding onto its losses as investors digest the latest inflation figures. The Euro is struggling against the Yen as concerns over rising prices in Germany weigh on market sentiment. The pair’s current level reflects the impact of the data on the market. Traders are closely monitoring the situation as they assess the implications for future monetary policy decisions.

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