A Norwegian pension fund and a Japanese bank behind the selling apparently as we’re knocked off the perch at 103.35. Small stops run at 103.10 but bids ahead of 103.00 contain for now.
Crosses also have the wind taken out of their sails with GBP/JPY off a quick 60 odd pips as Asian names on top in cable at 1.6470 win out and push both lower.
