Euro Soars 3% Against The Yen, Shorts Seen “Reloading”

You probably don't want to read too much into it because Sunday evening Australasia FX moves aren't exactly the most reliable way to get a read on what markets will look like 12 hours from now, but you should nevertheless take note of this: So that's EURJPY jumping 3%-ish on the heels of the French election results and as Asia-based FX traders told Bloomberg, "investors have either written a check or are still sitting short." Short-term accounts who have been cut well away from their