USD/JPY has slipped further, presently at 91.40, with a US investment bank and a French bank seen notable sellers in this latest leg lower.
The move comes against the backdrop of waning risk appetite (oil off over a buck and FTSE/DAX both off around 1.2%) As mentioned earlier there’s also talk of European bond redemption and JAL-related repatriation flows.
Talk of buy orders now down at 91.20.