• JPY crosses mostly doing little with USD weak across the board

• EUR/JPY steady as a result, ensconced towards middle of recent range

• 161.13-165.20 range since May 13 (low May 23), Asia 163.13-33 EBS today

• Roughly in middle of this range and not looking to break either way

• Hourly charts shows most action between 200/100-HMAs at 163.00/47

• Hourly Ichimoku cloud just above between 163.39-57 currently

• Market has already discounted an ECB cut this week, pause in July?

• With US tariffs main market consideration now, trading here to remain thin

• Related comments , , also
EUR/JPY daily:


EUR/JPY hourly:

(Haruya Ida is a Reuters market analyst. The views expressed are his own)