Euro Falls Against Yen

Euro down 0.08% against Japanese Yen The Euro retreated against the Japanese Yen, down 0.08% amid speculation of Japanese intervention in foreign exchange markets. The EUR/JPY cross-pair trades at 183.70 after reaching a daily high of 183.92. Price action s

Euro down 0.08% against Japanese Yen

The Euro retreated against the Japanese Yen, down 0.08% amid speculation of Japanese intervention in foreign exchange markets.

The EUR/JPY cross-pair trades at 183.70 after reaching a daily high of 183.92.

Price action shows bears are in charge, with the EUR/JPY falling below the 100-day SMA at 184.60.

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