USD/JPY has dropped under 105.40 in som early movement despite the Japanese market holiday

  • Singapore is on holiday also today

Together this'll thin out liquidity in currencies.No fresh news has crossed to prompt the bid for the yen. AUD lower alongside would suggest a negative risk tone.

yen crosses lower alongside, AUD/JPY:

USD/JPY has dropped under 105.40 in som early movement despite the Japanese market holiday