EUR/JPY Falls Under Bearish Pressure Amid EU Financial Risks
The EUR/JPY exchange rate has been trading at ¥178.4 after a modest decline, remaining within its normal intraday range.
The price is below its key moving averages, with technical signals reflecting ongoing downside risks.
European regulators have highlighted rising financial risks in the EU, particularly from private credit markets and AI-driven cyber vulnerabilities, which may lead market participants to reassess currency risk exposures.
The EUR/JPY pair faces strong bearish technical pressure, with sellers dominant and price likely to consolidate between ¥177.51 and ¥179.29 over the next 2-3 days.