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Widening EZ core-peripheral yield spreads hurts EUR/JPY

Monday, May 18, 2015 12:38 PM UTC

EZ core-peripheral yield spreads widen on Greek woes, hurts EUR & crosses
JGB curve flattening, while EZ peripherals steepening on risk
USD/JPY seen stuck near sideways Cloud for now, offers into 120 & Cloud top limit upside
137 offers in EUR/JPY limit upside, 200-DMA at 137.29 is next pivot if 137+ stops run; bids by 136 & 135.25

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Widening EZ core-peripheral yield spreads hurts EUR/JPY

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