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Posted by
Two Blokes May 2 -
Filed in
Forex
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The EUR/JPY cross builds on the previous day's blowout rally following the Bank of Japan's (BoJ) policy decision and touches a fresh year-to-date top, around the 164.60-164.65 region during the Asian session on Friday. Spot prices, however, retreat a few pips from the daily swing high and currently trade with modest intraday gains, around the 164.30 area, as bulls turn cautious ahead of the crucial Eurozone consumer inflation figures.