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December 16, 2024

EURJPY Surges Past 161.50 as Markets Await ECB’s Lagarde Speech

EURJPY has managed to gain significant ground, trading above the 161.50 level as traders prepare for comments from ECB President Lagarde. Optimism in the market is reflected in this movement, indicating potential bullish efforts. With the upcoming speech, market participants will be keen to gauge how Lagarde’s comments may sway future monetary policy and general sentiment towards the euro.

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