DNP-FX

EURJPY 13th MAY 2022

Long
FX:EURJPY   Euro / Japanese Yen
Some market participants believe the BoJ may change its ultra-loose policy to slow the yen's decline, which is being driven by rising interest rate differentials as the US Federal Reserve embarks on aggressive rate hikes. Among the factors behind the yen's weakness was the widening gap in economic conditions between Japan and Western countries.

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