EUR/JPY hits a one-week low
EUR/JPY is down for the third straight day as it rolls over after setting a lower-high on Tuesday. The pair is a classic risk barometer and it’s not in a great spot.
The dominant feature on the chart remains the flash-crash on Jan 3 and the slow grind back down towards it.
Everything in the week ahead is a bet on the Fed, followed by the G20 — even two currencies that aren’t the US dollar.