4/15/2021 10:42:27 AM GMT | By Pablo Piovano
EUR/JPY extends the rangebound trading beyond the 130.00 level.
The greenback remains offered ahead of important data releases.
US 10-year yields trend lower and approach the 1.60% support.
The broad-based steady performance of the European currency and the Japanese safe haven motivates
EUR/JPY to extend further the consolidative note above the 130.00 mark on Thursday.
EUR/JPY keeps targeting the 2021 highs near 130.70
Declining US yields have removed strength from the greenback and leaves it vulnerable to further decline in the very near-term along with the renewed investors’ preference for riskier assets, all morphing into extra legs for the euro
EUR/USD struggles for direction, still targets 1 2000
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