EUR/JPY Cross Trading with Negative Bias Below 163.75 During Early European Session

Thursday, 28 March 2024, 05:06
The EUR/JPY cross is holding below the key level of 164.00 as fears of BoJ intervention loom. Trading with a mild negative bias around 163.75, investors are closely monitoring the situation in the early European session. The market sentiment remains cautious amidst uncertainties surrounding potential BoJ actions.
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EUR/JPY Cross Trading with Negative Bias Below 163.75 During Early European Session

EUR/JPY Trading Update

The EUR/JPY cross is sustaining a mild negative bias and remains below 164.00 during the early European session on Thursday.

Market Sentiments

Investors are showing caution as concerns over potential BoJ intervention persist.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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