ForexLive Asia FX news wrap: Cruz quits Mission Impossible via ForexLive

Forex news for Asia trading Wednesday 4 May 2016 USD/JPY got us off to a flying start today. It edged higher, carrying on its overnight  strength, before bursting through 106.80 and rapidly toward 107.50! It did so at one of the thinnest liquidity times of the 24-cycle with stop-losses the main factor (although there were plenty asking if it was some sort of intervention - but I hear not).