The roller coaster ride continues 28 June
Yes folks, all the fun of the fair again as USDJPY fails into 112.50 and falls back in rapid time to 111.84 after apparently triggering stops below 112.20.
EURJPY down to 127.30 from 127.86 and GBPJPY 143.30 from 144.03 which is helping to cap cable again above 1.2825 along with EURGBP demand.
No news/reason of note so we'll say it's flow related and a reality check after the heady moves of the last 24 hours.
Range trading still and I remain on the sell side into rallies.
USDJPY 15m
