Yen pairs getting hosed leading USDJPY to test 112.00

JPY pairs are taking a tumble

More Japanese financial year end moves? Maybe, maybe not. US 10yr yields are dropping back, and that's always a puller for the buck. Nikkei futures are down around 110 ticks to lows of the day, that's a puller of JPY.

USDJPY is under 112.00 at 111.96 and the crosses are all misbehaving too.

111.90/95 is the next consideration here, followed by 111.45/50.

USDJPY H4 chart

investingLive Premium
Telegram Community
Gain Access