After opening up better than 300 points, the DJIA is drifting lower, up about 125 bp and falling fast as we write. EUR/JPY is suffering a setback as well, down to 140.45 after peaking at 141.70 a bit more than an hour ago.
Dealers note strong sell orders from Japanese exporters at 103.00 and above while stops on shorts are perched at 103.20.
