	Symbol	Bid	Ask
	EURUSD	1.2929	1.2932
	GBPUSD	1.51	1.5103
	USDJPY	101.2	101.23
	USDCHF	0.9659	0.9662
	USDCAD	1.0321	1.0324
	EURJPY	130.84	130.87
	EURCHF	1.2488	1.2493
	GBPJPY	152.76	152.83
	GBPCHF	1.4584	1.4591
	GOLD	1393.14	1393.74
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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 24 at 4:25 UTC