USD/JPY is testing towards its retracement high (retracement of flash crash lows)
There has been a bit of jawboning out of japan, pretty innocuous stuff:
- BOJ Gov Kuroda says markets somewhat rough, cites unexpected overseas developments
- Japan's MoF, BOJ and FSA to meet at 0400GMT to discuss yen gyrations
- Japan's Asakawa says will closely monitor FX
But it seems to have been enough to contribute to a weaker yen for the session
more to come
