Yen down on two main counts - Scotiabank

Analysts at Scotiabank ranked the Yen as an under performer.

Key Quotes:

"The JPY is the main under-performer on the day on better risk appetite (US equity futures) and PM Abe’s suggestion that his “three arrows” policy has corrected the strong JPY."

EUR/USD trims gains, hovering around 1.1200

EUR/USD moved off session highs during the last hours, as the US dollar recovered part of the lost ground across the board. Greenback dropped sharply earlier after US personal income and spending report.
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EUR/GBP drops further below 0.7900

EUR/GBP trimmed losses during the last hours but is consolidating below 0.7900. The pair started the day steady moving around 0.7900 but then turned to the downside and moved all day with a bearish bias.
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