USD/JPY is at the highs of the day and has now nearly wiped out the flash crash loss.


Risk trades doing a bit better

USD/JPY is at the highs of the day and has now nearly wiped out the flash crash loss. The pair is up 20 pips to 108.71.

Keep an eye on equity markets in the final half-hour of trading but whether it’s now or later, it’s tough to believe this pair won’t complete the lap.

Hourly:

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