EUR/JPY plummets on Italian politics woes

The EUR/JPY is falling sharply since the opening of the Asian markets (opened with a huge gap of approximately 100 pips), due to the strong “risk-off” sentiment.
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Flash: USD/JPY still slightly uncomfortable with undue upside - OCBC Bank

Emmanuel Ng of OCBC Bank, mentions that the we are still slightly uncomfortable with undue upside for the USD/JPY in the near term despite slightly firmer US yields and Japanese corporate tax headlines.
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