It seems the slew of investment trust launches has not even met half the demand anticipated. There was a lot of talk yesterday that there would be a huge demand for high yielders against the yen, however that has not eventuated. USDJPY has slipped back under 94.80 and away from the 200 day moving average at 95.14.
EURJPY is finding some support just under 134.00 for now.
