EUR/JPY slipped below the 185.00 level, trading around 184.95 during early European hours on Thursday, as Eurozone inflation for June fell more than expected, according to FX Street. This development has heightened market attention ahead of the European Central Bank’s upcoming meeting scheduled for July 23.
Meanwhile, silver prices climbed above $60.00 per troy ounce, with XAG/USD reaching approximately $60.20 during Asian trading on Thursday. The metal’s advance was supported by a less hawkish tone from Federal Reserve Chairman Kevin Warsh at Wednesday’s ECB Forum on Central Banking, easing concerns over aggressive monetary tightening, FX Street reported.
For Japanese investors, these moves highlight the influence of European inflation data and Fed commentary on cross-asset flows, particularly as the yen remains sensitive to shifts in risk sentiment and global monetary policy outlooks.