It's risk-off sentiment time again as yen demand prevails 22 Feb
Early failure by USDJPY to hold above 113.50 has helped trigger falls in yen pairs along with GBP and EUR weakness to help along the way.
Currently 113.05 after 112.96 lows EURJPY is 118.75 with both core pairs finding dip-demand again but we should see rallies limited while the sentiment/trend continues.
GBPJPY also looking heavy again at session lows of 140.64
AUDUSD also capped by AUDJPY supply after finding some EURAUD selling support earlier and USDCAD continues to look underpinned albeit running out steam ahead of decent offers/res between 1.3180-1.3200
Equities are holding steady while oil is in retreat again but gold is also finding some safe-haven demand again and near session highs.
Don't go looking a USD trend anytime soon. There isn't one.
