Neutral
EUR/JPY approaches 184.65 amid Middle East tensions and yen weakness
EUR/JPY edged higher to approximately 184.65 during the Asian trading session on July 13, 2026. This movement was influenced by escalating geopolitical tensions in the Middle East, particularly the closure of the Strait of Hormuz by Iran, which heightened risk aversion and bolstered the U.S. dollar. Additionally, domestic policy shifts in Japan, including potential increased investments by the Government Pension Investment Fund (GPIF) in domestic assets, may have contributed to yen weakness.
Key points
- EUR/JPY reached 184.65 in early Asian trading on July 13, 2026.
- Escalating Middle East tensions, including Iran's closure of the Strait of Hormuz, increased risk aversion and supported the U.S. dollar.
- Speculation about GPIF's potential increased investments in domestic assets may have contributed to yen weakness.
Sources
- EUR/JPY Price Forecast: Edges higher above 184.50, but stays capped by clustered resistanceFXStreet · July 13, 2026
- Euro flirts with 1.1400 on risk-averse markets as Iran’s war escalatesFXStreet · July 13, 2026
- EUR/JPY steigt über 184,50 – Widerstandszone bremst weitere GewinneFXStreet · July 13, 2026
AI-generated from public news sources. Not financial advice.
