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Wednesday, 2 May 2012

2012.05.02 11:47:05 UPDATE: EU Ministers Gather To Hammer Out Bank Capital Rules

0949 GMT [Dow Jones] JPY crosses show signs of stability notes Barclays and while the bank sees risk to 104.20 in EUR/JPY, 80.00 area in CAD/JPY and 86.30 in CHF/JPY, it says signs of a base should then appear and a recovery follow to mid-April range highs. EUR/JPY now at 105.53, CAD/JPY 81.40 and CHF/JPY 87.80. (gary.stride@dowjones.com) Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com (END) Dow Jones Newswires May 02, 2012 05:49 ET (09:49 GMT)

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