Yen crosses falling
Yen crosses are under some pressure today despite the positive risk to in US trading and continued commodity gains.
The yen is the second-best performer in Asia-Pacific trading after the kiwi (which ripped higher on the RBNZ).
In USD/JPY, the bounce that took place on Monday (after the fall on nonfarm payrolls) is now nearly completely erased.
Watch Friday's low of 106.51 and Monday's low of 106.38 as support. Spot at 106.64.