This is USD/JPY and the Nikkei 225 overlayed. Nikkei futures are down 130 points after a 43 point rally today.
Nikkei and USDJPY
The market is beginning to sour on the consumption tax hike and the BOJ hasn’t dropped any hints about fresh easing. These two charts could get ugly.
USD/JPY broke to a fresh session low at 101.40. Bids at 101.20 and 101.00.
