EUR-USD has settled in the 1.12s, holding roughly around the mid-way mark of the range that's been seen over the last 10 days. A Bild article today reporting that Germany is preparing for a Greek state bankruptcy scenario saw the euro dip in Asia to the low at 1.1221. Yesterday low at 1.1182 remained untroubled. USD-JPY settled in a narrow range in Tokyo trade in the mid-123s, which is about the halfway mark of yesterday's range. The 20-day moving average at 123.12 and yesterday's low at 122.63 mark support levels.
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