The wheels are coming off
USD/JPY broke 117.00 and the low so far is 116.96, just a shade over last week's 116.93 low.
Below that is the August low of 115.90.
Today could turn into some kind of blowout/rout. I'm not sure how anything from the data could save the day.
The best thing that could happen might be some dovish commentary from Williams or Dudley.
