EUR/JPY Price Action: Euro spiking down against yen, challenging 120.89 level

The market is pulling back down from January’s tops trading below the 122.00 level while holding above the 100 and 200-day simple moving averages (SMAs).
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ECB monetary policy was uneventful in terms of new policy signals – Danske Bank

Reviewing the European Central Bank's (ECB) January meeting, "today's ECB monetary policy was uneventful in terms of new policy signals, as Christine
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