Traders are not treating the 82-handle as the hot potato they had been on other probes. Looks like traders are increasingly comfortable holding short positions down here, which is very bad news for the BOJ.
Looks like Mr. Market is calling the BOJ’s bluff and they will have to act soon or a probe toward 80.00 could unfold in the next few days.USD/JPY trades now at 82.93.
EUR/US continues to make tentative probes toward 1.3894, reaching 1.3885 so far.