Eurozone retail sales data supports the Euro, lifting EUR/JPY to 185.30 for a second consecutive session.
The Euro extended gains against the Japanese Yen, with EUR/JPY trading near 185.30 during European hours on Monday. The currency pair advanced for a second straight day, supported by stronger-than-expected Eurozone retail sales data.
Retail sales figures provided a tailwind for the Euro, reinforcing its resilience amid broader market sentiment. The cross has maintained upward momentum, reflecting investor confidence in the Eurozone’s economic recovery.
No immediate market reaction was specified, but the pair’s movement aligns with recent trends favoring the Euro in currency markets.