Jackson Hole fallout falls flat

The talk to start the week was that USD/JPY could continues to rise after a jump on Friday. The thinking was that Kuroda's comments would help to keep a bid under the pair.

But it hasn't materialized, at least not yet.

USD/JPY is trading up 12 pips to 10.96 after hitting a high of 102.14. Otherwise the moves have been miniscule.

Tokyo will be ramping up over the next hour and that could add a bit of spice.