Yen crosses pressured, S&P500 futures down 0.7%

FXStreet (Bali) - Yen crosses are likely to remain under pressure in early Asia, ahead of the Tokyo open, with the S&P 500 futures opening down around 0.7% or 14 points.

Since the futures opening, the risk-off trades (long Yen, Euro) have benefited, with USD/JPY retesting 121.80 from 122.00, EUR/USD re-attacking 1.1390, AUD/JPY losing the 89.00 handle yet again, while AUD/USD does the same through 0.73.