Yen sellers return. USDJPY posts 99.13

What was I saying about demand in the dips still ?!!

We’re now seeing a further wave of yen sales with USDJPY and GBPJPY leading the way at 99.13 and 151.90.

ADD: Asian sovereign demand seen in last wave of USDJPY buying, triggering stop-losses.

Euro still looks soggy, possibly weighed down by Italian presidential election uncertainty. EURUSD failing to rally and EURGBP now down through good support at 0.8530 to post 0.8522 lows.