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Posted by
Two Blokes May 12 -
Filed in
Forex
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4 views
The EUR/JPY cross regains positive traction on Monday and jumps to over a one-week top, around the 164.20 area during the Asian session, though it lacks follow-through. Spot prices retreat nearly 50 pips from the daily swing high and currently trade around the 163.85-163.80 region, still up 0.20% for the day amid a weaker Japanese Yen (JPY).