USD/JPY got smashed after the US close from around 157.50 to lows around 153.00.
- USD/JPY slammed lower
- USDJPY falls below 100 hour MA and runs lower.
- USD/JPY is cratering, drops under 155.00 in super-thin intervention trade
- Those wide spreads you are seeing in yen crosses are a feature, not a bug
Bart Simpson Masata Kanda says he won't say if it was him:
![bart simpson](https://images.forexlive.com/images/bart_id_36d9477e-32f3-455d-b129-797e88d93785_original.jpg)
USD/JPY is up 300 points from it lows now, circa 156.00:
![usdyen 156 02 May 2024 2](https://images.forexlive.com/images/usdyen%20156%2002%20May%202024_id_ce0b9e43-ac64-4b72-b30b-f2fe91e049ce_size900.jpg)
Or, down 150 from its highs:
![usdyen 157 02 May 2024 2](https://images.forexlive.com/images/usdyen%20157%2002%20May%202024_id_0454c716-8cf5-4f14-8e1b-1e76a4d23839_size900.jpg)
You decide.