I know I warned about it in my last post but I wasn't expecting the buy the rumour sell the fact trade to happen that quickly
USDJPY has swiftly fallen from new highs at 111.74 to almost a new low. We've hit 111.17 since the Munchkin uttered forth.
USDJPY 15m chart
Yields in US 10's have slipped also. From a high of 2.3485%, we're down to 2.3323%.
Not that the euro and pound were moving too much anyway but the euro is cracking 1.0880 as I type. We could see support around 1.0870 otherwise it's yesterday's low at 1.0850.
