JPMorgan Chase in Tokyo say EUR/JPY has upside than downside potential, also like other yen crosses
- risk appetite has picked up with US / North Korea summit back on track
- Markets have already priced in Italy risks - EUR/JPY also reacting positively to rejection of euro-sceptic finance minister candidate in Italy
- JPM also warn on 111 level in USD/JPY - US trade, tariffs policies will prevent moves higher
via Bloomberg
