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EUR/USD gains thwarted by EUR/JPY falls

Once again the USD/JPY is of course leading the wider US dollar lower, but at the same time that has delivered corresponding falls in all the major Yen crosses. The effect of that is to keep the upside in the likes of the GBP/USD and EUR/USD contained. The EUR/JPY is now trading back underneath 161, from earlier highs above 162.00 and that has put paid to any further upside in the EUR/USD for the time being. That said, the Euro is still holding ground above 1.0925 this morning, as it waits to see just what that US jobs report has in store. Earlier this morning I noted here; that the EUR/SD has the 1.10 handle on the radar now and nothing has really changed in that regard yet. The EUR/USD is currently trading at 1.0930 

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