When the EURJPY goes down then the EURUSD gioes as you witnessed today. So it does have quite an effect on the pair. The EURJPY dropped 150 pips since last night. The data today from the US was so so and did not warrant the EURUSD dropping any more today.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.