Australia National Australia Bank's Business Confidence down to 1 in Feb from 3
Mar 12, 2013
Forex: EUR/JPY struggling below 126.00
EUR/JPY has moved back to Friday's post-NFP highs, last at 125.94, off 126.02 highs, on the back of Yen weakness. The cross is up +0.78% for the week so far, following rumors of new monetary policy easing measures as soon as next week, when incoming new BoJ chief Kuroda steps into office, Eamonn Sheridan at ForexLive reported, citing an article from Nikkei newspaper. Nikkei index opens above the 12450 points for first time since Sept 2008, up +0.85% for the day so far.