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EUR/JPY boosted by EUR rally & USD/JPY's 125 floor

  • EUR on rise as 10-yr Bund ylds rise & prior short EUR hedges are covered

  • USD/JPY Japan bids by 125 & big expiry give EUR/JPY a fresh base

  • Fri & Thur's highs at 140.69/141.06 are nearby; close above 140.73 Fibo is +

  • Divergent Fed & BOJ policies & GPIF flows underpin despite undervalued yen

  • Market Data
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