Yen under pressure on intervention worries

EURJPY is retracing its recent gains from the previous session, trading around 163.20 in European markets on Tuesday. The Euro-Yen cross remains subdued following the release of the Bank of Japan’s Meeting

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ECB, US data to dominate action

Following Wednesday’s choppy action in foreign exchange markets, investors are gearing up for key events that could ramp up the volatility. The European Central Bank will announce monetary policy decisions on Thursday

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