{"id":30185,"date":"2026-03-09T07:58:57","date_gmt":"2026-03-09T07:58:57","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/30185\/"},"modified":"2026-03-09T07:58:57","modified_gmt":"2026-03-09T07:58:57","slug":"eur-jpy-slips-under-183-00-as-middle-east-tensions-bolster-the-yen-german-industrial-data-awaits-release","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/30185\/","title":{"rendered":"EUR\/JPY slips under 183.00 as Middle East tensions bolster the yen; German industrial data awaits release"},"content":{"rendered":"EUR\/JPY traded lower near 182.95 in early European trading on Monday, slipping below 183.00 as the Japanese Yen strengthened against the Euro. Germany\u2019s January Industrial Production data is due later on Monday, while Japan\u2019s Q4 Gross Domestic Product report is scheduled for Tuesday.\n\nThe US-Israeli war with Iran has entered its 10th day. Iran named Mojtaba Khamenei, the second son of Ayatollah Ali Khamenei, as the new Supreme Leader after his father was killed in the first wave of US-Israeli strikes.\n\n<h3>Escalation Drives Safe Haven Demand<\/h3>\nUS President Donald Trump demanded Iran\u2019s \u201cunconditional surrender\u201d and said he expects a role in selecting a leader acceptable to the White House. Iran has launched missiles and drones at Israel and Gulf states, including Saudi Arabia, the UAE, Kuwait, and Bahrain.\n\nThe rise in regional tensions supported demand for the Yen and pressured the currency pair. Attention remains on how the conflict may affect market moves in the near term.\n\nUncertainty over the Bank of Japan\u2019s interest rate path may limit further Yen gains. Governor Kazuo Ueda signalled a prolonged hold, and Reuters reported that while some expected a March hike, many now see no change until at least April or July.\n\nGiven the high tension, holding unhedged positions is extremely risky, and we are seeing a scramble for protection. We should consider buying options to guard against sudden, sharp moves in EUR\/JPY, as currency market volatility has surged over 30% in the past ten days. This spike is reminiscent of the market shocks we saw back in 2024.\n\n<h3>Euro Vulnerability And Positioning<\/h3>\nCapital is flowing into traditional safe havens like the Japanese Yen, a pattern we have seen in every major global crisis. This demand for the Yen is occurring even though the Bank of Japan is signaling it will delay interest rate hikes. This suggests the geopolitical risk is currently the market&#8217;s primary driver.\n\nThe Euro is under intense pressure because Europe is highly vulnerable to energy price shocks from the Middle East. With Brent crude oil now trading above $145 a barrel, a level not seen since late 2023, the risk of a European recession has increased significantly. Germany\u2019s latest ZEW Economic Sentiment survey, released last week, already showed a sharp fall into negative territory.\n\nIn this environment, we should be looking at strategies that profit from falling prices or rising volatility. We are advising on buying EUR\/JPY put options to position for a move towards the 180.00 level in the coming weeks. The options market shows a heavy bias for JPY strength, with the cost of protecting against a fall in the cross at its highest point in over a year.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b>\n<p>\r\n\r\n<p><strong>Start trading now &#8211; Click <a href=\"https:\/\/www.vtmarketsglobal.com\/en\/trade-now\/\">here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>EUR\/JPY slips below 183 as yen gains on Iran conflict tensions; focus Germany output, Japan GDP, BoJ.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-30185","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=30185"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30185\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=30185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=30185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=30185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}