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Home > USDJPY Slumps To One-Month Lows As Ukraine Fears Spark Carry Unwind

USDJPY Slumps To One-Month Lows As Ukraine Fears Spark Carry Unwind

By Tyler Durden
Created 03/02/2014 - 13:54
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 03/02/2014 13:54 -0500



 

With Friday's farcical 3:30pm ramp firmly in mind [3], USDJPY has opened decidedly down-beat in very early (and illiquid) trading suggesting a rude-awakening for US equity futures when they open...

 

[4]

 

Meanwhile, ever so quietly, the safe-haven bid for Swiss Francs has continued with EURCHF smashing to 14 month lows...

[5]

 

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2014-03-02/usdjpy-slumps-one-month-lows-ukraine-fears-spark-carry-unwind

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[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/11710
[3] http://www.zerohedge.com/news/2014-02-28/stocks-close-new-record-high-russian-invasion-gdp-decline-and-pending-home-sales-mis
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/20140302_pump.png
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/20140302_pump1.png