The Nikkei has been hit lower and USD/JPY is off 50 points.
I haven’t seen any news to account for the moves.
Bids in USD/JPY now around 100.30, and more layered down through to 100.00.
It fell away from the nominated first area of offers 100.85.
My bias to is to be getting long around 100.30. Obviously the sharp fall is a concern so I could be wrong.
Most Popular
Sponsored
30-yr US yields hit 5.19%, highest since '07. Inflation fears & deficits push rates up, risking equity valuations.
Software stocks rebound 1.1% on AI reassessment; some face disruption risks, others benefit.
Bitcoin's 22% April surge & 17,340% decade return vs. 35% peak drop. Scarce asset, $1.6T cap.
RUM misses revenue targets but cuts losses. Cloud & Shorts monetization key to future growth.
Bond yields surge past 4.60% on oil/debt fears, pressuring stocks. AI boom faces headwinds.
DRAM ETF surges 100% on AI memory demand. High returns, but expect volatility. Pure-play tech.
Trans-Pacific freight rates hover near $4.3K/FEU amid Hormuz closure & peak season buzz. Capacity crunch fuels gains.
Sponsored
Must Read
