Yen continues its slide

Yen crosses have added to their Thursday gains.

Flows to yen are considered, not always but often, to be a haven seeking trade. CHF similar. Today we have flows out of yen. The CHF is not a lot changed here in Asian but USD/JPY has added on nearly 30 points or so. 

Flows out of havens often go into ‘risk’ FX … but that side of the equation is missing during the session here. EUR, AUD, GBP little changed. NZD/USD is a little higher though, and CAD is testing its overnight high (against the USD, and in a small range). 

usd yen chart

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