Japan was out on Monday, Tuesday and Wednesday but reopens for trading today.

Some chatter about on where to for the USD/JPY for the session:

  • risk aversion being stoked by renewed US-China tensions over both the corv coronavirus and trade - risk aversion supportive for yen
  • USD/JPY is just above its lowest seen since mid-March
  • on the wide, range seen 105.50/106.50
  • bids under 105 building