EUR, GBP lower in Asian trade

EUR and GBP are both suffering against the USD, while everything is suffering against the JPY.

There is some decent USD strength (except against the yen most notably), but yen cross flows are very significant too this morning. I’ve posted up news over the weekend and today (as have John and Adam), but there isn’t too much of significance in any of it. The market continues to be short yen and hurting. The Nikkei, too, is continuing to soften.

USD/JPY orders here (the bids around 80/85 holding for now)

And EUR/USD orders here (bids ahead of an around 1.3500)

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