Buy EURUSD Sell EURPLN

Japan: Reuters has prepared an investigation concerning the desired level of USDJPY among Japanese businesses. The investigation shows that approx. 50% want a stabilisation of USDJPY around 100 and that only 15% want USDJPY to rise above 105 and as many as 29% of the businesses want USDJPY to be below 95 (= stronger JPY!). All in all, the investigation indicates that USDJPY is at a suitable level and confirms our view that USDJPY should go through a consolidation phase before a potential

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Buy EURUSD Sell EURPLN

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