EUR-USD dipped to fresh lows under 1.0720 amid general euro underperformance. EUR-JPY triggered stops through 129.00 on route to 11-day lows under 128.70. EUR-GBP also saw fresh lows. Talk of real money bids into 1.0700 in EUR-USD may put a brake on euro selling. The move comes despite Eurozone HICP inflation rising to -0.1% y/y in March from -0.3% y/y in the previous month, though this met expectations after uptick in German and Spanish headline rates released yesterday. USD-JPY rallied to a new high for a second day, making an 11-day peak of 120.36.