Yen strength causes GBP/JPY and EUR/JPY to drop, while EUR/GBP also declines
The strength of the Japanese yen has led to a decrease in the GBP/JPY and EUR/JPY currency pairs. At the same time, the EUR/GBP pair continues to fall as well. This trend is a reflection of the current market conditions and the impact of the yen’s strength on these currency pairs. Traders and investors are closely monitoring these developments as they navigate the foreign exchange market.