	Symbol	Bid	Ask
	EURUSD	1.2931	1.2934
	GBPUSD	1.5123	1.5126
	USDJPY	101.27	101.3
	USDCHF	0.9614	0.9617
	USDCAD	1.0318	1.0321
	EURJPY	131.01	131.04
	EURCHF	1.2431	1.2436
	GBPJPY	153.14	153.21
	GBPCHF	1.4541	1.4548
	GOLD	1386.2	1386.8
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Research: Jpy on the Defensive This Morning

Quotes from Societe Generale Cross Asset Research:

-The JPY is on the defensive this morning, posting the worst G10 performances versus both the USD and the EUR. The consolidation in risk sentiment after the G8 meeting, profit taking after huge moves last week that propelled many G10 crosses to oversold territory, and rumours of more BoJ QE ahead of its meeting on Wednesday, all contributed to the JPY's underperformance. However, we don't think it presages a lasting change in trend.

Published: 2012-05-21 12:30:00 UTC+00

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See also: Current support and resistance levels

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May 25 at 4:48 UTC