Jay in my experience EurJpy is a better barometer as it runs very closely with Dow.. The pair is down so sticking with UsdJpy which I would wager is continued pricing in and adjustments to rates dropping .25 ahead of the curve and so if it is 25 we see a rally if it is 50 all heck breaks loose. No reason for 50. I still feel they don’t want to sabotage Harris chances and wait for December hoping for stability and strength but if Trump is in they fire the guns ahead of him taking office and cause trouble on purpose either way.
