By Peter Stoneham — Dec 20 - 05:20 AM
Dollar losses vs the yen feeding through to Europe's ccys
EUR/USD better bid from the get go after BoJ news nL1N33A01A
EUR/JPY understandably applying the brakes: cross down 3%+
Size of EUR/USD long positions also a sobering factor
At $16.6 bln larger than other majors combined
Traders have effectively priced out all Fed's policy changes
EUR/USD levels to watch: 1.0576 Mon low and 1.0663 Fri top (EBS)
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary