Sits at 87.10, where it was when I turned up about two hours ago. Two hours!!, how time flies when you’re enjoying yourself. No wonder it feels like I’ve been here 6 hours……
Anyways, doesn’t sound like we should expect to see official intervention in USD/JPY anytime soon.
Talk of trailing stops through 86.90. Can’t imagine they’re overly hefty. Buy orders noted 86.45/55. Sell orders 87.50/60. Probably stops gathered just north of there, but no confirmation of such as yet.
