Thursday, 10 January 2013

EUR/JPY Bid Halts EUR/USD Slide


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More of Natalia at http://daily20pips.blogspot.in/2013/01/natalia-siwiec-sure-has-wickedly-hot.html

USD/JPY looks rejuvenated after slipping in early Asian trade last evening, taking solace in a continued boom in the Nikkei since the election of the JPY-phobic Abe government.
USD/JPY has vaulted 87.80, up a full yen from the lows. EUR/JPY is back up to the 114.65 but is mindful of significant selling interest near the 115.00 level.
EUR/USD is back to the mid-1.3050s after a dip into the mid-1.3030s. Strong US equities are helping boost risk appetites.

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