EUR/JPY extends gains on Ukraine peace hopes, nears YTD highs at 186.88 

The Euro (EUR) appreciates against its main peers on Friday, boosted by news reporting that Russia and Ukraine might be close to a peace deal. The EUR/JPY has extended its rally from mid-March lows at 182.00 to 186.50 so far, bringing the year-to-date high at 186.88 into focus. EUR/JPY accelerated its recovery, reaching 186.50, with YTD highs, at… The Euro (EUR) appreciates against its main peers on Friday, boosted by news reporting that Russia and Ukraine might be close to a peace deal. The EUR/JPY has extended its rally from mid-March lows at 182.00 to 186.50 so far, bringing the year-to-date high at 186.88 into focus. EUR/JPY accelerated its recovery, reaching 186.50, with YTD highs, at 186.88 on sight.Rumours of a peace deal in Ukraine have sent the Euro higher across the board on Friday.Higher inflation in the Euro Area and Japan raises concerns about the economic consequences of Iran's war.The Euro (EUR) appreciates against its main peers on Friday, boosted by news reporting that Russia and Ukraine might be close to a peace deal. The… For traders, the practical value is less about the headline alone and more about how it changes context, sentiment and the quality of the next decision. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.