EUR/JPY struggles to justify growth optimism for the bloc around 144.00, EU/Japan PMIs eyed – by anilpanchal7 EURJPY PMI YieldCurve RiskAppetite Crosses
from the Eurozone amid weaker Treasury bond yields, as well as hopes of the Bank of Japan’s exit from the ultra-easy monetary policy and the receding odds of the European Central Bank’s further aggression in rate hikes.
However, Reuters cited sources who have seen the so-called Joint Economic Forecasts, to be presented in Berlin on Wednesday, to mention that the German economy is likely to narrowly skirt recession and post modest growth in the first quarter of the year.
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