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USD/JPY spikes and reverses from above 155

A short while ago the USD/JPY did finally make a push above 155 for the first time in 34 years. The reason for the move is not clear, besides it has since turned lower again. The high seen was set at 155.17. The reversal that is has unfolded since has seen it turn lower in just as much time as it took to spike higher. It remains unclear at this stage, if there was anyone official, or semi-official selling the dollar off the high. The USD/JPY is currently trading at 154.99 
 

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