EUR/JPY slumps under 130.00 as Russia escalates tensions with Ukraine/NATO, West prepares sanctions

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EUR/JPY slumps under 130.00 as Russia escalates tensions with Ukraine/NATO, West prepares sanctions
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EUR/JPY slumps under 130.00 as Russia escalates tensions with Ukraine/NATO, West prepares sanctions By Frank_Macro EURJPY RussianFederation

EUR/JPY slumped under 130.00 for the first time since February 3 on Monday as Russia escalated tensions with Ukraine & NATO.

Geopolitical hostilities and the rising risk of a broader Ukraine/Russia conflict suggests EUR/JPY’s risks are tilted lower.

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