EUR/JPY Attracts Some Sellers Below 170.50 Amid BoJ Rate Hike Hopes
July 22, 2024 at 06:41 AM EDT
EUR/JPY trades on a softer note around 170.25 in Monday’s early European session, down 0.67% on the day. The growing speculation of a BoJ rate hike might support the JPY. The ECB's cautious stance might cap the cross’s downside.