There’s short term support around 117.15/20 but that might come under further pressure as yen crosses see some decent selling pressure.

USD/JPY H4 chart 22 01 2015

USD/JPY H4 chart 22 01 2015

GBP/JPY is down nearly 150 pips since Draghi started yammering and EUR/JPY is just bouncing from 134.50 which is down 250 odd pips.

EUR/USD is dropping to new lows as I type and touches 1.1456. Gold is back below 1300 to 1294

Next up is the Eurozone consumer confidence data. Should be good for a chuckle