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EUR/JPY holds above 139; Bunds more stable

EUR/JPY Fri & today's lows held above 139, as long Bund FX hedges unwind further Cross tad overbought on dailies; weekly Cloud base at 141.97 is Medium-Term target Bunds more stable, though recent yield surge dims buyers…

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  • EUR/JPY Fri & today's lows held above 139, as long Bund FX hedges unwind further

  • Cross tad overbought on dailies; weekly Cloud base at 141.97 is Medium-Term target

  • Bunds more stable, though recent yield surge dims buyers' hopes

  • Surge in net short yen specs at IMM puts them close to net hefty EUR shorts

  • Broader exodus from JGBs undermines JPY

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