USD/JPY at the lows

USD/JPY edged below the earlier low as risk trades fall out of bed. The S&P 500 is down 65 points to 2861. That's a 2.2% drop.

USD/JPY is now down a full cent on the day to 105.75. There is very little support between these levels and the pre-trade news lows of 105.25.

USD/JPY at the lows