Positive tones but closing off its highs as USDJPY runs into 103.00 supply
– +83.59
– open 16787.89
– high 16844.35
– low 16728.19
– USDJPY currently having another look at those offers having found demand below 102.80
Delicately poised at 102.97. If some of the offers have been lowered given previous caps then that should leave less at 103.00 itself but it still remains a decent line in the sand.