Apr 26, 2013
Forex: EUR/JPY holds above 128.30
The EUR/JPY is trading calmly at 128.30 support (-0.63% on the day) after the early European morning drop below the 129.00 handle and a low at 128.00 mark. Investors are now awaiting the US GDP Q1 preliminary report, with expectations that annualized growth rises from 0.4% to 3.0%. Reuters/Michigan consumer sentiment is also expected to improve, from 72.3 to 73.2 in April.
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