A Little Monday Yen-Sanity Never Hurt Anyone

A Little Monday Yen-Sanity Never Hurt Anyone

This is probably worth noting for those of you watching USDJPY (which should be all of you assuming you trade or otherwise care about your investments). USDJPY hit its lowest level since late November earlier today... Around 1:50 EST, USD/JPY dipped to a fresh low 111.65 in a fast move as "stop-loss sell orders tripped under 112.00," Bloomberg notes, adding that the "drop [was] likely exacerbated by light positioning, [as] an earlier drop to 111.99 failed to trip stops and intra-day shorts
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