Having declined through the European session following soft German IFO and Italian Trade Balance data, EUR/JPY has posted a low at 100.57 before finding support and retracing. The pair, currently trading at 100.68, looks to remain under pressure despite moving off its lows following soft US Chicago Fed data. The analysts at Forex Ticket see the pair continuing it’s decline this afternoon and see 100.4 and 100.2 as upcoming targets. The US calendar is quiet with only Dallas Fed Manufacturing data at 14:30 GMT and FOMC Member Williams’ speech at 19:30 GMT ahead. European Equities are lower alongside commodities whilst US stocks have just opened lower. Critical European yields are stable.