USD/JPY – No Fresh News On This Sell-Off

USD/JPY – No Fresh News On This Sell-Off

From forexlive.com

There’s been nothing new across the newswires to trigger the USD/JPY selling. We are running into cross buyers (i.e. Buying against the Yen) now. Some are pointing to news of 3 Chinese ships entering waters near the disputed Senkaku Islands. Latest I have is this occurred on Saturday morning, and selling USD/JPY on this seems a little far-fetched. Nevertheless, USD/JPY has been hit hard.

People just need a good entry point I think, mid to low 89 might be good enough!

How about this pair at two-and-half year highs? Shit does not go up forever.

What sell-offs on UJ anyway? All I saw was a retracement after making higher-high.

COT report also shows a huge increase in short positions

Might be profit taking?

hamada mentioned that BOJ needs to slow easing if JPY weakens too much. he is an advisor to Abe on choosing the next BOJ chief.

I don't know, but this is very strange to me. Usd/Jpy selling? What about the other Jpy pairs? Shouldn't he be saying "Jpy buying"?

I expect to see the e/u correct to the 1..32000 area b4 picking up a bull. Does anyone have a contrary view. I'd like 2 know

Very soon there would be a Shut up call from USA for new administration of Japan to stop Yen Manipulation?

Abe will not get any sleep before yen is at 100

yep its just selling off right?
its like a cake full of icing only
but i like volatility