FXstreet.com (Barcelona) – The EUR/JPY took a tumble Thursday on bad German economic data and Yen inflows from nervous global investors. That tumble may have a bit more to go before a bounce commences.
EUR/JPY data is due out, but EUR/JPY might fall into “risk proxy” category again
In several hours, Japanese housing starts and construction orders will be released – neither of which has the potential to move EUR/JPY in a big way. A short while after that, traders will react to German retail sales data, EuroZone Consumer Confidence and a small batch of other minor data …read more