EUR/JPY climbs to fresh daily peak, around 164.70 area ahead of ECB policy decision
The EUR/JPY cross attracts some dip-buying near the 164.15-164.10 area on Thursday and climbs to a fresh daily peak during the first half of the European session.
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The EUR/JPY cross attracts some dip-buying near the 164.15-164.10 area on Thursday and climbs to a fresh daily peak during the first half of the European session.
The US Dollar Index (DXY) is currently trading at 105.45, marking its highest position since November 2023.
EUR/USD remained on the back foot for the third straight session, easing to levels just below 1.0700 the figure and disputing the 2024 lows, always amidst the extra advance in the US Dollar (USD).
The USD/JPY climbed during the North American session and remains above the 153.00 figure despite Japanese authorities jawboning on excessive Japanese Yen (JPY) movements.
The risk complex regained some poise amidst a mild corrective decline in the US Dollar and rising speculation of a Fed rate cut in September.