Quick drop below 1.31 following the headlines from Kuroda.
EUR/JPY is back to nearly unchanged after touching 130.51 early in European trading. The Kuroda headlines coincided with a second, unsuccessful test of that level and the market has been quick to cut and run, quickly sinking the pair back to opening levels around 129.55.
EUR/USD briefly touched above the 38.2% retracement of the Feb-March decline (at 1.3118) with a high of 1.3122 so far. Now, the euro is almost flat on the day, threatening a five-day winning streak.