I know that USD/JPY hasn’t been moving much recently but I feel somehow that the secret to the next big move lies with this frustrating pair. Are the big JPY cross-moves which we witnessed in the last 12 months now a thing of the past? EUR/JPY has traded basically in a 10 big figure range in recent months, is this going to continue? If USD/JPY breaks back below 87.00 will we see the 70’s in double quick time? Sorry I don’t have answers, just questions.

Sam will take over now for the next few hours and look for some day-trading opportunities.