Currently 119.84 after just breaking down through 120.00

Risk-off yen demand prevailing across the board as USDJPY falls to 111.14

Offers: 120.25 120.50 12.85 121.00 121.50 121.85 122.00

Bids: 119.75-80 119.50 119.30 119.00 118.80 118.65 118.50