Technical yen selling combines with better sentiment
The yen is giving back its pandemic gains in a big way in the past hour.
All the yen crosses have shot higher as EUR/JPY and AUD/JPY erase the pandemic moves. In Europe, stock markets are soaring as economies re-open and the virus stays under wraps.
USD/JPY stalled just above the 200-day moving average so far.
A look at AUD/JPY shows it's run into the February high.