EUR/JPY Surges to 16-Year High, Eyes 167.00 on USD Strength

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The Euro surges to a near 16-year high against the Japanese Yen, reaching levels unseen since August 2008. This rally mirrors the recent strength in USD/JPY, driven by strong US economic data. EUR/JPY currently trades at 166.67, showing significant gains for the day. Key Factors: Technical Analysis: Eyes Next Target at 167.00