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The risk-averse theme spills over into NY.....>

FOREX
FOREX: The risk-averse theme spills over into NY with US equity futures sitting
at their lowest levels on the session. USDJPY earlier breached Y110.00 with the
downtrend extending to Y109.86. This brings the 100 & 200-hma's into view at
Y109.73/74, ahead of the long-term 50% retracement of Y104.56-114.55 at Y109.56.
- EURJPY touches pullback lows of Y122.54 with downside focus on the May 15 low
& 61.8% retracement of the 2018 range at 122.08/07.
- USDCHF comfortably holds below Chf1.01 with near-term support seen at
Chf1.0071 from the May 16 low & 50-dma.

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