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Similar moves seen in Eur/Jpy to that of...>

EURO-YEN
MNI (London)
EURO-YEN: Similar moves seen in Eur/Jpy to that of Usd/Jpy in Asia, rate
initially edged to a  high of Y131.70, dropped back to Y131.09 ahead of the
FinMin Aso press conference (suggestion he might resign over the Moritomo
scandal). However, no resignation forthcoming saw risk move back into favour and
rate bounced to Y131.48. Resistance seen at the earlier high, a break to then
expose Friday's high of Y131.89. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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