Japanese share prices will likely take a breather next week as investors look to the next Fed meeting while fears for the eurozone debt crisis are easing, dealers said Friday. In the week to June 18, the Tokyo Stock Exchange's headline Nikkei index gained 289.77 points, or 2.99 percent, to 9,995.02. The broader Topix index of all first-section shares also rose 18.2 points, or 2.1 percent, to 884.64. 'Players will continue to closely monitor foreign exchange rates, but if the rate can stay at this level, it would be seen as a positive element for stocks,' Koichiro Ogawa, a dealer at Cosmo Securities, said. The euro was stable against the dollar in Asian trade Friday as investors digested a successful Spanish bond sale that helped ease worries about the eurozone debt crisis. The euro fetched 1.2397 dollars and 112.55 yen in Friday afternoon. Spain successfully raised 3.479 billion euros (4.30 billion dollars) by selling bonds on Thursday but at higher rates as investors sought more reward for lending after recent debt scares. 'The market is expected to maintain its positive momentum next week as negative elements, including concerns over the eurozone debt crisis, are subsiding,' Ogawa said. 'Japanese corporate results appear to be favourable for the first quarter in general, which will also encourage players to buy shares with good performance,' he added. The market is shifting its focus to a meeting of the policy-setting Federal Open Market Committee (FOMC) on Thursday, dealers said. Masatoshi Sato, senior strategist at Mizuho Investors Securities, said days with light trading volume may continue as investors await key events in the middle of next week, including the Fed meeting. Some dealers were trying to analyse impacts from the Japanese political moves after new Prime Minister Naoto Kan sparked a debate on raising tax ahead of July 11 upper house elections. 'It may be difficult for market participants to take positions ahead of upper house elections,' said Masumi Yamamoto, an equity market analyst at Daiwa Securities Capital Market. 'It is still too early to evaluate an impact of consumption tax on the Japanese economy,' Yamamoto said, adding that the Nikkei is likely to trade in a range around 10,000 next week. 