Japan Mar Bank lending (YoY) rises to 1.6% vs 1.5%
Apr 10, 2013
Forex: EUR/JPY stalls below the 130 handle
EUR/JPY is last at 129.74, off fresh 3-year highs at 130.10 printed in late NY trade on the back of Euro strength climbing barely above the 1.31 handle for first time since March 15. According to FXstreet.com Team: “persistent buying interest was spotted at 128.82/72 throughout last European session, after a strong wave of buyers came in producing a demand-sensitive level that still holds strong despite being tested in multiple occasions,” the analyst noted.
USD/JPY is last at 99.07, off recent session lows at 98.90, and up +1.55% for the week so far. Nikkei index opens above the 13200 points mark, higher by +0.62% for the session, following banking lending in Japan showing highest increase since late 2009 at a +1.6% pace on yearly basis.