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Euro Gets Spanked While Yen Flexes Its Muscles

Reading time: 1 min • Apr 23, 2025, 08:25 AM (UTC)

Key Points

  • The Euro is struggling as the EUR/JPY pair drops below 162.0...

Money doesn't talk anymore - it just whimpers, at least for the Euro. The EUR/JPY pair has slumped below 162.00, proving that even currencies can have bad hair days. The European Central Bank's dovish moves are giving traders more drama than a reality TV show finale.

Bank of Japan: "Hold My Sake"

While the ECB keeps cutting rates faster than a bargain-hungry shopper, the Bank of Japan stands firm like a samurai warrior. Their seventh rate cut last week came with a side of "US tariffs are giving us heartburn" commentary. Meanwhile, Japan's central bank is channeling its inner hawk, mai...

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