EUR/JPY retreats slightly from one-week high, up a little below 164.00 amid weaker JPY

  • The EUR/JPY cross regains positive traction on Monday and jumps to over a one-week top, around the 164.20 area during the Asian session, though it lacks follow-through. Spot prices retreat nearly 50 pips from the daily swing high and currently trade around the 163.85-163.80 region, still up 0.20% for the day amid a weaker Japanese Yen (JPY).