A soggy session for the Nikkei and yen pairs.

USDJPY posting new session lows of 110.71 as the Nikkei posts its own lows of 15698.55.

Currently 110.79 and 15724.80, -2.46% on the day.

A quick reminder that there is a barrier option on USDJPY at 110.50 and we should expect solid defence, first time around at least.

That in turn should put a platform under yen-pairs too for the moment.