Valeria Bednarik, chief analyst at FXStreet explained that the EUR/JPY pair was unable to find direction this Wednesday, closing the day flat a few pips below the 126.00 level.
Key Quotes:
“Both, the Japanese Yen and the Euro were generally weaker against the greenback, with the first affected by a downward assessment of Japanese situation by BOJ’s members, and the second pressured by an early rebound in European equities that kept it subdued.”
(Market News Provided by FXstreet)