Yen bulls rush to BOJ as European shorts hit 11-year high | TOC Report

From changerates.org.uk | 9 hours ago

MUFG expects two more rate hikes from the ECB to support the euro, but energy-driven inflation and tensions in bond markets leave the currency’s outlook uncertain. The euro/dollar exchange rate ended Friday at $1.1160, down 0.20%, leaving the single currency struggling to find momentum despite the prospect of further tightening from the European Central Bank. MUFG retains its…

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