EUR/JPY Price Forecast: Euro trades above 170.00 near yearly highs

  • EUR/JPY slips slightly on Friday but remains close to the year-to-date high of 170.61 reached on Thursday. At the time of writing, the cross is trading at 170.19, down 0.11% in the day, amid a risk-off environment as US equity futures tumble amid thin volume trading, with US markets closed for Independence Day.