EUR/JPY jumps to near 163.00 as EU-US trade tensions de-escalate

  • The EUR/JPY pair is up 0.45% to 162.60 in European trading hours on Monday, touches a high of 163.00 during the day. The cross strengthens as investors underpinned the Euro (EUR) against the Japanese yen (JPY) on de-escalation in trade tensions between the United States (US) and the European Union (EU).