The Euro (EUR) has gained ground against the Japanese Yen (JPY) after the Bank of Japan's (BoJ) latest policy announcement.
On Friday, the BoJ increased its short-term interest rate by 25 basis points to 1.25% from 1.00%, in line with market expectations.
The European Central Bank (ECB) also raised its deposit rate to 2.50% and maintained a hawkish tone, with markets pricing in further tightening this year.
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