EUR/JPY retreats, influenced by potential changes in BoJ's monetary policy and wage negotiation outcomes.
Japan's GDP outperforms expectations, stoking anticipations for a BoJ rate adjustment in the near future.
ECB's hawkish tone tempers immediate easing expectations, with policy shifts eyed for June amidst inflation concerns.
The Euro registered losses against the Japanese Yen in the morning of the North American session. It was down 0.13% and traded at 160.55 after hitting a daily high below the 161.00 mark. Rumors that the Bank of Japan (BoJ) could end negative rates sponsored a neg-down in the EUR/JPY pair.
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