Forex news for Asia trading Tuesday 9 February 2016
Japan today:
The sell-off in the ‘overnight’ markets continued in Asia.
The day was probably best encapsulated by the move in 10-year JGBs. The Japanese government bond dropped to near 0%, then to 0% … and then below. The ‘flight to safety’, ‘risk off’, ‘get me out of here’ trade, call it whatever you want, was the theme for the session