EUR/JPY nears the 50% retracement of the July-Aug fall - ConsultFX

EUR/JPY nears the 50% retracement of the July-Aug fall

EUR/JPY having a big day EUR/JPY is up 156 pips to 127.94. The risk trade is positive today with the S&P 500 touching a record. The comments from Barnier and Raab today were also constructive and the tone was good. That's helped to lift the euro and the yen.