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Sep 11, 2013
Flash: EYR/JPY has the May peak at 133.82 in its sights- Commerzbank.
Karen Jones, Head Technical Analyst at Commerzbank suggests that the EUR/JPY has broken out of its triangle formation and targets the 133.82 May high in the first instance.
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Sep 11, 2013
Flash: USD/JPY topside spotted at 101.50 – TD Securities
The JPY is the worst performing G10 currency overnight – and over the past week – as Syrian related safe haven flows have abated and as minutes of the BoJ meeting acknowledge that their aggressive monetary policies have placed pressure on Japanese yields (in a USD/JPY supportive way), notes the TD Securities Team.
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