Greenback and Yen Slide as Equities and Commodity Prices Rise

EUR/JPY - Euro Breaks Last Week's Resistance vs Yen The Yen came under pressure today, as stocks rose in Europe and the US. Oil prices were higher as well fueling a sense of risk appetite to start the week. The Euro-zone put out a better than expected release which gave the currency a boost as well, giving the pair’s bulls the momentum they needed to break through the resistance seen last week near the 135 level. The pair’s rally stalled near 135.50 which is a resistance level