Spain 6-Month Letras Auction decreases to 0.5% vs 0.53%

The USD/JPY has oscillated mightily, though done so in a continuously negative manner, pointing downward Tuesday. In recent minutes, the cross has dipped another 10 pips, though is still operating above its intraday low at 101.26. In these moments, the pair is holding fast in negative territory at 101.40/44, engaged in choppy trading during the European session.