EUR/JPY is showing increasing signs of risk aversion

Author: Adam Button | Category: News

EUR/JPY hits a one-week low

EUR/JPY chart hits 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. 

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