General USD supply has seen USDJPY fall to 113.56 17 Jan

Lows not seen since December and down in Asia from 114.30 after an initial spike from 113.85

Bids/demand nearby around 113.50 then 113.30 with offers now expected to build at 113.80 and 114.00

Elsewhere GBPUSD is up to 1.2090 with offers nearby at 1.2100, EURUSD 1.0648 with USDCHF also on session lows at 1.0074

AUDUSD at 0.7507 is off its highs but continues to find support from gold price which has risen over 1.2% today so far to post $1210.60

SA rand also enjoying the ride on the back of the shiny stuff.