EUR/JPY Surges Above 164.00, Bulls Target YTD High

The Euro (EUR) registered substantial gains against the Japanese Yen (JPY) on Wednesday, fueled by improving risk sentiment and the Bank of Japan’s (BoJ) continued dovish stance, even in a rising interest rate environment. Currently, EUR/JPY trades at 164.25, demonstrating a strong 0.67% increase. Renewed Bullish Momentum Bullish momentum lifted EUR/JPY above the Tenkan-Sen at […]