EUR/JPY pushing higher: heavy stops above 133.75

Author: Sean Lee | Category: News

Bids at 1.3810 are limiting any falls in the EUR/USD and the USD/JPY buying is showing no signs of letting up, currently chewing through offers around 96.25/40 region. This all means some really healthy gains for EUR/JPY with the cross now at 133.25, up from 131.70 in early trade, and headed for what are said to be very heavy stops above 133.75.