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EUR/JPY: BoJ members and equities pressure Yen - FXStreet

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 23, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Valeria Bednarik, chief analyst at FXStreet explained that the EUR/JPY pair was unable to find direction this Wednesday, closing the day flat a few pips below the 126.00 level.

    Key Quotes:

    "Both, the Japanese Yen and the Euro were generally weaker against the greenback, with the first affected by a downward assessment of Japanese situation by BOJ's members, and the second pressured by an early rebound in European equities that kept it subdued."
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