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Yen Remains On The Back Foot, EUR/JPY Rallies To  September Highs

JPY

USD/JPY has continued to track higher, the pair last near 147.40, around 0.20% firmer versus NY closing levels from Tuesday. The pair continues to close the gap with levels from the end of last week (147.80/85).

  • EUR/JPY is tracking higher, the pair building on gains from late in NY trade (following a hawkish ECB news wire report).
  • This pair is now back near 158.60/65. This is fresh highs for the month, but we remain sub late August highs near 159.80. Bund futures opened lower but haven't seen much follow through (last around 130.35, -.29). EUR/USD is holding close to session highs (1.0760/65).

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