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- In currencies, Japanese Yen retained its bullish tone on as risk aversion continued to play out in equities. USD/JPY fell below 98.20, EUR/JPY tested psychological 130 handle, and GBP/JPY briefly approached prior week's low just under 146. In European majors, the dollar was modestly stronger, with Euro decline outshining that of the Sterling. EUR/GBP earlier fell below 0.8890, the lowest level since March 6th after the strongest house price balance since Feb of 2008 seen in March UK RICS data. In commodity FX, AUD and NZD were each down over 60 pips against the dollar, reaching 0.7150's and 0.5750's respectively amid ongoing profit taking from the recently outperforming currency class