Currently 106.10 near session lows
If Kuroda was trying to encourage a few yen sellers he's failed miserably. The market knows he's run out of ammo, as I've been saying for many months now.
Large options in play at 105.50 and 107.00 so there's your range on the wide. Barrier options at 105.00 will also lend some support should/when we get back down there.
I still prefer the USDJPY rally-sell/yen-long side.
Offers: 106.35 106.50 106.65 106.80 107.00
Bids: 106.00 105.80 105.50-55 105.20 105.00
