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Euro tumbles as Japanese Yen benefits from BoJ rate hike bets

EUR/JPY falls 1.11% on Monday and trades around 179.45 at the time of writing. The sharp decline in the cross mainly reflects the strong appreciation of the Japanese Yen (JPY), supported by growing expectations of monetary policy tightening by the Bank of Japan (BoJ).

Euro tumbles as Japanese Yen benefits from BoJ rate hike bets

We haven't written up this one. FXStreet has the full story — the link below goes straight to it.

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