EUR/JPY hovers around seven-year high of 142.00 on downbeat German data, ECB eyed

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EUR/JPY hovers around seven-year high of 142.00 on downbeat German data, ECB eyed
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EUR/JPY hovers around seven-year high of 142.00 on downbeat German data, ECB eyed By anilpanchal7 EURJPY RiskAppetite YieldCurve ECB BOJ

session on Tuesday. Even so, firmer US Treasury yields and hawkish expectations from Thursday’s ECB keep buyers in the driver’s seat.

On the other hand, strong yields weigh on the Japanese yen even as the Bank of Japan Haruhiko Kuroda tried to limit the JPY weakness with statements like, “An exit will be discussed once the stable inflation goal has been met.”

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