Looks like a quick burst of short-covering in USD/JPY as the pair bounces to the mid-76.50s. No talk of intervention. Gawd help the BOJ if intervention is only good for 15 pips…
USD/CHF is enjoying a fairly robust rally in New York trade, rallying a centime from 0.7850 to 0.7950 on the SNB flooding the system with additional liquidity.
