EUR/JPY: surges on risk appetite - FXStreet

Valeria Bednarik, cief analyst at FXStreet exlained that the EUR/JPY pair soared to its highest in 3 weeks, printing 115.38 before retreating partially, holding above the 115.00 figure as the US session comes to an end.

Key Quotes:

"The Japanese yen has been under selling pressure ever since the day started, amid resurging risk appetite. Easing concerns over Deutsche Bank´s situation, alongside with improving US data has somehow boosted investors' mood late Monday, situation that extended into the European session and resulted in major European indexes adding over 2% daily basis."