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May 2, 2025

EUR/JPY Pauses After Yearly High: Market Awaits Eurozone CPI

The EUR/JPY cross continues from a remarkable rally after the Bank of Japan’s (BoJ) policy decisions. It reached a new year-to-date peak of about 164.60-164.65 during the Asian session on Friday. Currently, quotes have retreated slightly to 164.30 as market participants await crucial Eurozone consumer inflation figures.

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