After 8 straight days up, ripping 8 handles higher, USDJPY is sliding in early Asian trading, back to a 108.00 handle after China fixed the Yuan at an all-time record low.
Following The PBOC fixing the Yuan at a post-peg-break record low for the first time…
USDJPY dropped back to 108 handle…
For now, it is entirely irrelevant as S&P Futures surged to a record high, entirely ignoring the carry rollover…
Following today’s lowest post-Trump volume day, breadth is getting quite scary…
via http://ift.tt/2f2xZGZ Tyler Durden