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Nikkei lower, USD/JPY lower

Nikkei lower, USD/JPY lower

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Eamonn Sheridan
31/01/2014 | 03:53 GMT

The Nikkei seeing aggressive selling on Friday afternoon:

Nikkei candles stick intrad day 31 January 2014

Taking USD/JPY down with it

–

I’m not hearing any news to account for it. As I noted first thing this morning, liquidity in the FX markets today is severely compromised by the holidays in HK and Singapore – this can lead to moves extending more than they would otherwise.

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