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via fxstreet.comMarkets

EUR/JPY Price Forecast: Declines below 178.00, bearish outlook prevails under the 100-day SMA

FROM THE WIRE · FXSTREET.COM

The EUR/JPY cross trades in negative territory around 177.90 during the early European session on Thursday. The Japanese Yen (JPY) strengthens against the Euro (EUR) after minutes of the Bank of Japan's (BoJ) September meeting reinforced expectations for further interest ‌rate…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA stronger yen after BoJ minutes reinforced expectations of further rate hikes weighs on the EUR/JPY cross.AI-generated summary
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Euro/Japanese Yen FX Cross RateEURJPYFX pair177.8464-0.03%today 0.00%Negative EUR/USDEURUSDFX pair1.1263+0.02%today +0.25%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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