BoJ comments JPY crosses higher april 19 2012

Indonesia stock info - BoJ comments JPY crosses higher april 19 2012 ; JPY has been on the offer today in Asia-Pacific following better than expected Japan trade balance showing a +5.9% increase in exports on a yearly basis, and committed words from BOJ Shirakawa to powerful monetary easing, right after the balance figures, taking USD/JPY to yesterday's highs 81.50, and GBP/JPY to fresh 8-day highs 130.69, while EUR/JPY to 4-day highs 106.99.

GBP/JPY rises a +1.32% since yesterday's Asia-Pacific open, while EUR/JPY does so by +0.64%, both of them now retreating to 130.55 and 106.84 respectively, while Nikkei index keeps trading below the 9600 points figure once back from lunch break, losing some -0.74% for the day. Gold is down to $1640 near day lows.

Resistance to the upside show at recent highs and April 03 highs 130.70 for GBP/JPY while for EUR/JPY does so at session highs 107.00. For the downside, immediate support for GBP/JPY show at recent session and March 22/23 lows 130.04, while for EUR/JPY lie at April 06 lows 106.50.


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