EUR/JPY holds gains near 162.50, downside seems possible due to ECB’s dovish signals
EUR/JPY is climbing as the Japanese Yen weakens amid fading demand for safe-haven assets. Contributing to the risk-on sentiment, President Trump has expressed a willingness to ease tariffs on Chinese goods. ECB policymaker Olli Rehn suggested that further interest rate cuts may be necessary to support the Eurozone economy. EUR/JPY gains ground after registering more … Read more