USD/JPY is extending its losses, on method to 142.00

USD/JPY is getting slammed on the USD aspect:

Forexlive Americas FX news wrap: 2024 dot falls further. No pushback from Powell.

And the JPY aspect:

• Japanese media paint a scenario where the BOJ exits negative rates as soon as January.

USD/JPY has misplaced one other huge determine within the twilight zone:

As soon as US markets pack up and shut for the day its super-thin liquidity time with one New Zealand and Australia FX open till Tokyo will get began.

This text was written by Eamonn Sheridan at www.forexlive.com.