Amid a lacklustre open to the trade session EUR/JPY has taken an early lead in development especially within the daily uptrend. As we are seeing a nice break-out continuation, we should see the final leg to the upside relatively soon.
Latest news from this morning:
BoJ Governor Kuroda says they are closely watching FX moves but will not comment on details; no need to think the JPY's rise is having serious effects on the economy.
EU Chief Brexit Negotiator Barnier said there is good progress but the last stumbling blocks remain and that in this final stretch of talks, transparency and unity are important as ever. (Newswires)
EU Chief Brexit Negotiator Barnier reportedly said that a Brexit deal is possible by Friday according to AFP citing sources, while other reports stated that EU Chief Brexit Negotiator Barnier is understood to have told the EU Parliament that a Brexit deal is possible by the weekend but difficult, according to WSJ's Norman. ( AFP /WSJ)