May 16, 2025
EUR/JPY flattens around 163.00, Japan Q1 GDP contracts by 0.2%
The EUR/JPY pair trades flat around 163.00 after recovering its initial losses during North American trading hours on Friday. The cross rebounds as the Japanese Yen (JPY) faces slight selling pressure, following the release of the Japan Q1 Gross Domestic Product (GDP) data.
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