World Trade Organisation spokesman out with a brief statement 7 March

  • countries speaking out with concerns so far inc EU, Canada, Turkey, Russia, Australia, South Korea, Japan, Mexico, India and Brazil

That's quite a list. This is going to run and run for a while yet.

Meanwhile USDJPY 105.75 with the large option interest at 105.50 still holding further falls so the yen demand is forcing core pairs lower instead. GBPUSD 1.3854 EURUSD 1.2406