After a pause for breath and a brief rally it’s all turning south again 28 April
– currently on fresh session lows of 16683.74
– -3.51%
– USDJPY 108.87 with demand noted into 108.70 then 108.50
Markets were obviously caugfht on the wrong foot but there had also been plenty of talk about about them running out of runway too. Seems to me they’re caught between a rock and a hard place and there’s no easy way out.