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EUR/JPY. Price Analysis. Forecast. EUR/JPY Exchange Rate Declines Amidst BOJ's Hawkish Rhetoric
The EUR/JPY rate is decreasing. This
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The EUR/JPY rate is decreasing. This decline reflects a resumption of yen strengthening, supported by recent signals from the Bank of Japan, while the euro attempts to maintain its position amid more stable monetary policy prospects in the Eurozone.The Japanese yen has strengthened following the BOJ's publication of the results from its December monetary policy meeting. During discussions, board members noted the need to further tighten conditions, even after the recent rate hike. Recall that the central bank raised the
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