Stronger US mftg PMI data has seen USDJPY rally higher 24 Oct
It's all relative of course as per my earlier post but we've now seen USDJPY extend gains to 104.12 Asia/Europe/US session highs.
Stronger mftg PMI data helping but it's looking more and more that the decent demand around 103.90 had some of the 14.00 GMT expiry $1.41bln interest and made a late dash for the line.
Certainly seems to be a lack of fight as I type with less than 5 minutes to go.