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EUR/JPY last deals ~25 pips or so softer...>

EURO-YEN
EURO-YEN: EUR/JPY last deals ~25 pips or so softer at Y127.65, after registering
a low of Y127.50 as Japanese equities began the day sharply lower.
- The rate has breached the Sep 10 low (Y127.87), with bears now targeting the
Aug 21 low (Y126.26).
- Focus for the pair will remain on broader risk flows, Italian fiscal worry &
the upcoming ECB MonPol decision.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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