USD/JPY shoots up to 121.38 on belated reaction to LDP Yamamoto's talk, but spike was quickly sold off.
- The pair edged lower back under 121 and is currently trading at 120.80, why USD/JPY decided to react to the news over the past half hour a mystery
- LDP Yamamoto at 5 AM JST noted Oct 30 would be good time for BoJ ease. Mr Yamamoto is known to make personal, off-the-cuff remarks
- Yamamoto also said that Japan needs JPY3.5-5.0 tln inspending in extra budget, and that Japan should issue new JGB's for stimulus if needed
- Market focus shall remain on European and US equities for further momentum amidst data light U.S. calendar


Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD edges higher but bearish outlook persists
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD poised for further downside after key fibo break
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support 



