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September 01, 2020 1:41pm
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EUR/JPY Gains Momentum Above 162.70 As BoJ Ends Negative Interest Rate Era

The EUR/JPY cross gains traction above the mid-162.00s during the Asian trading hours on Tuesday. The cross drifts higher after the Bank of Japan decided to end a negative interest rate era that began in 2016, in line with market expectations.
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