Day: February 29, 2024

EUR/JPY Slides on Hawkish BoJ Comments, Weak Eurozone Inflation

EUR/JPY tumbled on Thursday, snapping a two-day win streak, following hawkish remarks from a Bank of Japan (BoJ) official and disappointing inflation figures from the Eurozone. Currently, at 162.00, the pair is down 0.80%. The decline pushed EUR/JPY below critical technical levels, breaching the Tenkan-Sen and testing a daily low of 161.68. Though a slight […]

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