Euro-yen pair is near an all time high with technical indications of a possible correction to the downside being the domiant scenatio with the first point of support laying around the ¥156 price area. The most important narrative driving possible further strength by the yen is the continuous incline of the decade bond yields.
The most important releases coming up this week are the Japanese and European inflation rates expected on Thursday and Friday respectively.
The most important releases coming up this week are the Japanese and European inflation rates expected on Thursday and Friday respectively.