The cross gains further ground on JPY weakness.
Rebound in US yields keeps weighing on JPY.
German IFO bettered estimates in March.
The renewed softer tone around the Japanese currency is giving extra wings to EUR/JPY to the area of 124.80, where seems to have found some resistance.
EUR/JPY bounces off sub-124.00 levels
After briefly testing fresh lows in sub-124.00 levels during early trade, the cross managed to regain some buying interest following a pick up in US yields, which in turn added to JPY depreciation.


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