Yields are dropping along the curve but it’s the long end seeing the larger moves. US 10’s get you 1.80% while 30’s bounce from the lows yesterday is slowly being wiped out.
USD/JPY has broken the early low around 117.85 by a few pips and is just trying to keep below as I type.
USD/JPY H4 chart 27 01 2015
We’re walking a narrow short term wedge and just below us here we have the 200 h1 & 55 h4 ma at 117.74 before hitting the lower support line
