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USD/JPY Falters, Accompanied by Volume Spike in Futures

JPY
  • USD/JPY reverts lower in recent trade on little headline or newsflow - turning off session highs of 144.70 - move lower moderating already at typing to print ~144.30.
  • Solid volume spike associated with the move: just under 5k contracts traded inside 60 seconds for a cash equivalent of ~$430mln.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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