EUR-USD retreated below 1.1400, correcting after logging a three-month high at 1.1444 yesterday. ECB's Draghi pledge that its QE program will be implemented "in full" helped deflate the pair, while the increasing possibility that Greece's Syriza-led government will be forced to hold a referendum in the face of intransigent creditors. USD-JPY lifted to the mid-119s, rebounding from the two-week low that was seen at 1.1888 yesterday. Recent soft U.S. data hasn't had a big impact on this pairing as Japanese fundamentals are also lacking vitality.
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