EUR/JPY Holds Near One-Month High, Edges Lower Despite ECB Rate Hike Expectations
The euro traded slightly lower against the yen on Thursday, hovering around 185.80 after hitting a one-month high earlier, despite expectations of further ECB rate hikes.
EURJPY
EUR/JPY was little changed on the day at around 185.80 during Thursday's session, having reached a one-month high earlier.
The single currency edged lower against the yen even as market participants continue to price in additional rate increases from the European Central Bank. The yen remained under pressure amid the Bank of Japan's ultra-loose monetary policy stance.
Source: FXStreet Forex News