USD/JPY’s quick 50 pip rally was sold into by US real money accounts. I guess they are doing some bottom picking after a 16% two-day sell off.
USD/CHF bounced from fresh all-time lows at 0.9140 to 0.9177, but that bounce was quickly sold as well.
I’m just picking up a rumor that made the rounds a while ago that the Tokyo Stock Exchange will close the rest of the week.
Very unlikely, unless because of radiation concerns or earthquake damage…No way they close because of price falls.
