The last time $USDJPY was at this level – September 1998 – we saw the most violent global RISK OFF event since 1987.
The last time $USDJPY was at this level – September 1998 – we saw the most violent global RISK OFF event since 1987. Lower pane shows what happens when the "TINA" trade implodes overnight. pic.twitter.com/jm0BGs4KLL — Mac10 (@SuburbanDrone) September 7, …