USD/JPY eyeing 120.00 – FXStreet

Valeria Bednarik, Chief Analyst at FXStreet, notes technicals suggest that USD/JPY exhibits a strong upward momentum, favouring further advances towards 120.00 levels.
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EUR/GBP again fails to break 0.7400 support – KBC

The KBC Bank Research Desk comments that a soft EUR did drag EUR/GBP lower but the pair failed to break below the correction low at 0.7404, further adding that only an extended decline by the euro or marginally soft BOE’s inflation report can lead the pair below the mentioned support.
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