Tension in Ukraine, have pushed the USDJPY to the brink of a breakdown, and traders should be at the ready to pull the trigger on a close below support. This weekend will go a long way in expressing whether the USDJPY will hold, and this should have a spillover effect to the rest of the capital markets. This weekend’s referendum if voted yes, combined with a technical breakdown could be very negative for the USDJPY . The Japanese yen is the strongest currency against the dollar this week, gaining about 1.6%. The climb in the yen is a function of risk aversion and has not gone lost on Asian equity bourses. The Nikkei ... (full story)