USD/JPY down a half-cent on the day
USD/JPY rebounded on chatter of US-China talks but that's all been given back now and more.
The pair is down 50 pips on the day to 111.14 after a quick 10 pip drop in the past few minutes as stops below the earlier session low were tripped.
This is a tough one to handicap.
The trade of the year has been to fade tariff worries yet here we are with USD/JPY positive catalyst on talks and the pair slumps.
It's tough being an FX trader.
