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USD/JPY has a look below 150

An update here a short while ago noted the elevated risk of the USD/JPY testing the 150 handle this morning. Well, since that update was sent out the dollar has fallen back from around 150.30 and it has now traded below 150. The low seen a short while ago was set at 149.99 and of course that marks a new 2025 low for the USD/JPY. There might be stops in place a little further below 150, but at the same time, there could be buyers around this important psychological level. The move lower in the USD/JPY now today has delivered further downside in the major Yen crosses too. The USD/JPY is right now at 150.02 

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