EUR/JPY has come under some selling pressure following two consecutive daily advances, including a rejection from multi-day highs in the 117.75/80 band (Thursday). In fact, Friday’s appreciation in the Japanese currency is undermining the continuation of the recovery in the cross.
In the meantime, risk appetite trends remain mixed and look to the developments from the coronavirus pandemic for near term direction, all amidst the persistent correction lower in the greenback – which in turn sustains the upside momentum in the yen.
In the docket, all the attention


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