The risk-on theme following US-China's........>

FOREX: The risk-on theme following US-China's trade war truce that emerged from

the weekend's G20 summit spilled over into Europe. JPY crosses have firmed

across the board, largely consolidating early Asia gains. EURJPY holds above

Y129.00 targeting a close above the 100-dma at Y129.38, a break opens the

200-dma & 50% retracement of Y133.12-126.64 at Y129.82/88. GBPJPY improved to

Y145.63 but failed to take out the 100-dma. Bulls target a break of the 146.00

level before challenging Y146.76/94 (50% Y149.49-144.02, 200-dma). AUDJPY

briefly made a show above Y84.00, before retracing gains to flirt with the 50%

retracement of the 2018 range at 83.83. CADJPY holds above the 100-dma (Y85.83)

with gains extending to Y86.09.