USDJPYis continuing to move higher as traders look to close shorts. There are offers just above 87.50 then 88.00. EURJPY has taken out 131.00 level and will now be targeting the 132.00-30 area. EURUSD has taken a back seat to all this, remaining steady above 1.5000. All eyes on what the BOJ will say.
In the meantime, we are awaiting the RBA rates announcement in less than 10 minutes!