Yen sellers return. USDJPY posts 99.13

What was I saying about demand in the dips still ?!!

We’re now seeing a further wave of yen sales with USDJPY and GBPJPY leading the way at 99.13 and 151.90.

ADD: Asian sovereign demand seen in last wave of USDJPY buying, triggering stop-losses.

Euro still looks soggy, possibly weighed down by Italian presidential election uncertainty. EURUSD failing to rally and EURGBP now down through good support at 0.8530 to post 0.8522 lows.

Featured Videos