Rising US Treasury yields have spooked the equity market, prompting profit-taking after the indexes rallied further following the FOMC. Shares are up about 2.5% after rallying better than 3.75% after the Fed. USD/J[PY is easing as stocks drift down. EUR/JPY is seeing profit-taking as well, now as 118.40 from highs of 19.60 shortly after the FOMC.
90.00/10 should provide support on dips near-term. Stops are eyed at 89.90.
