Day: May 20, 2024

EUR/JPY: Euro Gains Traction Against Yen on Rate Differential, Weak Japan DataEUR/JPY:

The EUR/JPY currency pair continues its upward climb on Monday, exceeding 169.50. This rise is attributed to two main factors: Factors Supporting the Euro: Factors Affecting the Yen: Overall: The EUR/JPY uptrend is likely driven by the contrasting economic situations and monetary policies of the Eurozone and Japan. The Euro’s strength is fueled by positive […]

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