The yen is in demand as both the major and crosses take a whack. Stocks sliding in both the US and Nikkei futures as well as Treasury yields slipping is making the ground soft underfoot and so a break of 103.15 has seen some stops busted down to the low. The S&P is now -5 to 1872, 10 ticks off the highs while US 1-‘s get you 2.77% which is the low of the day.
AUD/USD has also caught fright and is back down testing support ahead of the 00.90 level, touching 0.9010 once again.
