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EUR/JPY Pares Losses After BoJ-Driven Plunge But More Downside Likely

Discussion in 'Technical Analysis' started by Kaitlin, Jun 17, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    After the Bank of Japan's (BoJ) decision early Thursday to refrain from implementing additional monetary easing measures, the yen surged sharply against its global counterparts, including the US dollar, euro, and pound. Among the most pronounced of these yen-driven moves occurred with the EUR/JPY currency pair, which had already been[​IMG]

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