11 Feb 2015
EUR/JPY: Quite, eyes on Eurogroup tonight, Tokyo closed
FXStreet (Guatemala) - EUR/JPY is currently trading at 135.06 with a high of 135.22 and a low of 135.07 in a quiet Asian market, with Tokyo out as well.
EUR/JPY is oscillating at 135.20 resistance while the Euro is positioned off the lows down at the 1.1270's and back onto the 1.13 handle ahead of Greece's FM meeting with the Eurogroup tonight in Brussels where things might stir up a storm and subsequent market activity could turn towards the Yen for sanctuary and where the Euro might be sold off.
On the other hand, on a positive outcome of talks for the EZ, the Euro could become bid and headed to pre-concerns for a Grexit levels around 1.1500 and higher, taking the cross higher with it.
EUR/JPY is oscillating at 135.20 resistance while the Euro is positioned off the lows down at the 1.1270's and back onto the 1.13 handle ahead of Greece's FM meeting with the Eurogroup tonight in Brussels where things might stir up a storm and subsequent market activity could turn towards the Yen for sanctuary and where the Euro might be sold off.
On the other hand, on a positive outcome of talks for the EZ, the Euro could become bid and headed to pre-concerns for a Grexit levels around 1.1500 and higher, taking the cross higher with it.