提供最佳价差和条件
关于平台
交易新闻
Back
11 Feb 2013
Forex: EUR/JPY returns to 125.00
After last week's high at 127.70, profit taking followed and moved the EUR/JPY down to 123.44 low. Today, the EUR trades stronger and the JPY weaker, allowing the cross to retrace some of the recent losses. The EUR/JPY returned to 125.00 (+0.87%).
About this Thursday's BoJ meeting, BofA Merryll Lynch analysts had written: “Shirakawa's early resignation means that the financial markets could form earlier expectations of policy change under the new leadership, reducing the risk of market disappointment if the Bank does nothing at next week's meeting”.
The EUR/JPY is downside corrective and Commerzbank analysts' attention remains on the 6 week uptrend at 121.46 and the 3 month uptrend at 119.15: “We look for these to hold the downside and provoke recovery. Near term rallies should ideally remain capped by the 127.71 6th February high and 127.93 the April 2010 high for this downside corrective phase to be maintained”, wrote analyst Karen Jones.
About this Thursday's BoJ meeting, BofA Merryll Lynch analysts had written: “Shirakawa's early resignation means that the financial markets could form earlier expectations of policy change under the new leadership, reducing the risk of market disappointment if the Bank does nothing at next week's meeting”.
The EUR/JPY is downside corrective and Commerzbank analysts' attention remains on the 6 week uptrend at 121.46 and the 3 month uptrend at 119.15: “We look for these to hold the downside and provoke recovery. Near term rallies should ideally remain capped by the 127.71 6th February high and 127.93 the April 2010 high for this downside corrective phase to be maintained”, wrote analyst Karen Jones.