USD/JPY: kicks off with offers, caped by 20 1hrsma in Tokyo

USD/JPY is currently on the offer in the opening sticks of Tokyo. The Yen is testing the upside resistance across the board and recent lows of overnight trade through 112.80 vs the greenback, with a break of there to print fresh lows of 112.75 having lost recent highs on the 113 handle of over night trade.
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USD/JPY breaks below 112.50 as risk off accelerates

USD/JPY has seen selling interest ever since the start of trade in Tokyo, with heavy offers initiated circa 113.00 having now sent the exchange rate a few pips below the 112.50 mid-round numbers.
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