EUR/JPY Gains Momentum Above 162.70 As BoJ Ends Negative Interest Rate Era
March 19, 2024 at 01:40 AM EDT
The EUR/JPY cross gains traction above the mid-162.00s during the Asian trading hours on Tuesday. The cross drifts higher after the Bank of Japan decided to end a negative interest rate era that began in 2016, in line with market expectations.