Fresh low of the day at 102.99. The 103 level isn’t particularly significant. The Jan 13 low of 102.86 is a more important level. Below that, strong demand is reported in the 102.55/50 zone.
The rally in bonds is weighing on USD/JPY as the 100-day moving average on 10-year yields gives out.
These are the kind of markets you live for.
