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EUR/JPY homing toward Tenkan & 21-DMA at 130.05 & 130.38

Source: Thomson Reuters QQE3 risk v Greek & yield drags a push on EUR/JPY Latest Greek proposal with bad bank plan weighs Both down v USD, but yen weaker after IP drop heading into Tankan Wed DEM-JPY 2-yr yield spreads a…

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EUR/JPY homing toward Tenkan & 21-DMA at 130.05 & 130.38
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Source: Thomson Reuters


  • QQE3 risk v Greek & yield drags a push on EUR/JPY 

  • Latest Greek proposal with bad bank plan weighs

  • Both down v USD, but yen weaker after IP drop heading into Tankan Wed

  • DEM-JPY 2-yr yield spreads at new lows, rising JGB yields hurts

  • Pair homing toward Tenkan & 21-DMA at 130.05 & 130.38; latter falling

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