EUR/JPY, unattainable 132.00 zone?

FXstreet.com (Chicago) – EUR/JPY has reached 131.95 twice within the past couple of hours to retrace and continue trading below 132.00 zone as the American trading session advances.

Mixed sentiment?

Europe closed with mixed results with the DAX up 0.22% and the CAC40 down 0.06%. The Euronext marked losses at 0.15% the first trading day of the week as market participants assume Fed’s tapering won’t happen next month as US data remains underperforming. In Japan, the Nikkei started with 0.20% gains but fell to close at -0.18%. Besides the corporate service price (YoY) for July at 0.4%, matching expectations, no other …read more