EUR/JPY consolidates weekly losses below 156.00 as markets await ECB, BoJ

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EUR/JPY consolidates weekly losses below 156.00 as markets await ECB, BoJ
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EUR/JPY consolidates weekly losses below 156.00 as markets await ECB, BoJ – by anilpanchal7 EURJPY BOJ ECB YieldCurve Crosses

. Also important will be the Bank of Japan monetary policy decision, scheduled for Friday. It should be noted that a pause in the Treasury bond yields also contributed to the cross-currency pair’s latest rebound.declined the previous day after the Federal Reserve failed to impress markets with a 0.25% rate hike and showed readiness for the September rate hike. That said, the benchmark 10-year bond coupon seesaws near 3.87% while the two-year counterpart makes rounds to 4.86% by the press time.

Further, the Japanese Cabinet Office published its monthly economic assessment portraying an upbeat picture of the business sentiment.

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