USD/JPY falls below 111.00
USD/JPY is approaching the lowest levels of the week.
The pair is now down 60 pips on the day to 110.94. A close below 110.90 would trace out a minor three-day reversal in what could be the start of trouble for this pair.
Sentiment is souring more broadly with the S&P 500 now down 15 points to 2872.
