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Thomson Reuters
May 14 - 08:36 AM
EUR/JPY - Techs, Stocks And Japan Bond Buys Suggest EUR/JPY Rallies
First appeared on eFXplus on May 14 - 05:45 AM
  • Japanese inv bought record USD 2.5bln of Spanish bonds in March nL8N1SH24X
  • In March all Japan's lifers revealed plans to buy big foreign assets
  • DJI and MSCI have resumed long-term bulls trends, see
  • Looks like the cheaper euro is encouraging ECB to talk about tightening
  • Today ECB's Villeroy spoke about end QE and timing of a hike nP6N1PY039
  • EUR/JPY could close above 55-WMA/cloud this week, targeting fibs @ 141/152

EUR/JPY monthly Click here

Source:
Thomson Reuters IFR Markets

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