The US dollar has crashed a bit during the course of the trading session against the Japanese yen on Tuesday, reaching towards the 50 day EMA.
The British pound has pulled back from the familiar ¥152.50 level, to show signs of struggle get again. At this point, the market looks as if it could roll over, but continuing higher would show real strength.
It’s a quiet day ahead on the economic calendar. U.S consumer confidence and core durable goods orders will draw attention later in the day, however.