EUR/CHF is still very close to its overnight lows below 1.30 and USD/JPY is holding below 84.75 which indicates to me that risk is still off in the FX market. EUR/JPY briefly broke above its previous 107.30 low but is now back below it again.
We can expect the usual wind-bagging from the BoJ and the fact that some of the bigger hedge funds were buying USD/JPY overnight might suggest that they are confident that some actual intervention may soon eventuate.
Otherwise the leads will come from regional equity markets.
Good luck today.
