EUR/JPY - BUY SET UP ON ECB RATE HIKES
The Euro is now highly likely to catch a strong bid against the Yen after the European Central Bank President Christine Lagarde said the Central Bank is likely to start raising interest rates in July and exit sub-zero territory by the end of September 2022.
Interest rate differentials on Government Bonds will support the EURO higher.
In this video I breakdown the historical relationship between the difference in Japan and Europe's interest rates and how the currency pair follows the negative or positive change in European Bond Yields relative to Japan.
Interest rate differentials on Government Bonds will support the EURO higher.
In this video I breakdown the historical relationship between the difference in Japan and Europe's interest rates and how the currency pair follows the negative or positive change in European Bond Yields relative to Japan.
Kayan Kalipha
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