To shield us from this risk event coming up later in the session (As much as possible) we will focus on the strongest performing cross pair the EUR/JPY. This pair is currently riding the ride of a weakening yen and Eurozone optimism and shouldn’t be too impacted by the US data coming up this afternoon.
Look for buying opportunities on the EUR/JPY currency pair throughout today’s session.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.