USD/JPY up a big figure - Credit Suisse moves to bolster liquidity

The news on CS is here:

• Credit Suisse group takes steps to improve liquidity

'Risk' was a beneficiary:

• EUR, AUD, US equity index futures, all higher on the CS SNB news

The headline grabber is that Credit Suisse says it will borrow up to CHF 50 billion from the Swiss National Bank.

Full text is here (press release):

Credit Suisse Group takes decisive action

USD/JPY has jumped from its lows earlier circa 132.50 to nudge 133.50:

It was on the move just prior to the news breaking.