LONDON—The euro held near its highest point in 7–1/2 years versus Japan’s yen on Thursday before a potentially pivotal European Central Bank rate decision, with policymakers expected to announce an end to the bank’s multi-year monetary stimulus.
The ECB is all but certain to flag an end to its long-running asset purchase program at the end of this month, and promise an interest rate hike for July, but the size and pace of its tightening are uncertain.
