• EUR/JPY maintains a bullish outlook, on its weekly high around 150.80.
• Tokyo Consumer Price Index (May) came in below consensus as well as previous values.
• Gross Domestic Product figures from Q1 from Germany came in surprisingly weaker than expected.

The EUR/JPY pair maintains its gains, continuing its upward trajectory for the third consecutive day. Currently, it is oscillating above the significant 150.00 level, signaling a strong bullish sentiment. Despite the recent weakness in Germany's Q1 Gross Domestic Product figures, the pair maintains a positive outlook, even reaching its weekly high around 150.80. However, it is essential to consider the impact of the Tokyo Consumer Price Index (May), which has recently disappointed, falling below both consensus expectations and previous values. Consequently, bond yields have declined, on expectations the Bank of Japan (BoJ) will maintain its age-old ultra-loose stance on interest rates.