USD/JPY touches a low of 110.41
A bit of an extension from the earlier fall in the pair here. It's now taken out that 110.50 support level that previously the pair consolidated at last week.
Next is a move back down towards the 110.19 low posted on 18 January. There's not much of near-term support in the way.
Wires are saying that the move is due to thin liquidity. Right. Just need a reason for everything, eh? ;)
US equity futures are also pointing downwards it seems. S&P 500 futures down 0.1% while Dow and Nasdaq futures about flat at the moment.
