The Euro (EUR) is the official currency of 20 countries in the European Union (Eurozone). It is the second most important reserve currency globally after the US Dollar. Managed by the European Central Bank (ECB), it plays a crucial role in global financial markets.
The Japanese Yen (JPY) is the national currency of Japan. It is often used by traders as a safe-haven currency during periods of economic instability due to the country's traditionally low interest rates and strong economy.