The yen drives the bus for the rest of the FX world again

Another morning, another yen show

There"s not an awful lot going on this morning but what we have seen is yen buying starting late Asia/Early Europe again.

Yen pairs 15m chart

Whatever the reason for it, be it month end, Japanese repatriation (usually will have been completed by now), it"s a theme we keep seeing.

GBPJPY seems to hold the most weight still as cable has dipped to a low of 1.2445 as EURJPY holds up a bit better, and EURGBP firms a touch. EURUSD is going nowhere fast.

The Eurozone CPI data ta 9.00 GMT could be what kicks it into action but we have the final Q$ GDP data for the UK before that so GBP traders might have something to get hold of there.

The yen drives the bus for the rest of the FX world again
The yen drives the bus for the rest of the FX world again
http://www.forexlive.com/feed/news
$inline_image !!! CLICK HERE TO READ MORE !!! The yen drives the bus for the rest of the FX world again Forex Blog | Free Forex Tips | Forex News http://www.forextutor.net/the-yen-drives-the-bus-for-the-rest-of-the-fx-world-again/