USDJPY pops 109.50 support as yen demand returns

Wobbly equities have helped push yen pairs lower 23 May 2016

Decent demand/support at 109.50 now breached to post 109.42 as yen-pairs come under pressure.

GBPJPY sales send cable down to 1.4483 and new session lows. A little bit of demand/support down here on both core pairs but expect on-going pressure/rally- selling. EURGBP has popped up through 0.7750 and remains in demand.

EURJPY demand at 123.00 gave way in the general retreat and that's pushed EURUSD down to 1.1230