Not a great day for Japanese stocks which close down 2.38%, and shaping up to be an ugly week, but USD/JPY ignoring the moves and has just had a little pop to 101.80 from 101.60 with yen crosses following and dragging up the majors too.
Nikkei weekly chart 11 04 2014
Not sure why we’re getting the pop as there’s nothing I can see on the wires.
