EUR/JPY slips lower; lack of momentum still the problem

EUR/USD closed in NY around 1.3485 and has been up 15 pips and now down 15 pips but generally interest is still seriously lacking in this time zone. USD/JPY is also mid-range in a 92.40/70 range. EUR/JPY couldn’t generate enough momentum from friendlier stockmarkets and has now slipped back as Tokyo goes to lunch.

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