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EUR/JPY Extends Gains In The Aftermath Of BOJ Rate Cut

Discussion in 'Technical Analysis' started by Kaitlin, Feb 2, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    EUR/JPY extended its gains further on Monday following last week's surprise interest rate cut into negative territory by the Bank of Japan (BoJ). That unexpected rate cut sent the yen reeling against other major currencies, as it reaffirmed the BoJ's aggressive easing stance.[​IMG]

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