EROTF - The Yen Bounces After 13-Day Slide And BOJ Defends Yield Cap

• The record-long yen slide has stalled just shy of JPY129.50, even though the Bank of Japan defended its Yield-Curve Control cap on the 10-year bond and will continue to do so for the next four sessions.
• The euro is bouncing today after successfully testing the ECB-induced low from last week (~$1.0760).
• The US dollar posted an outside up day against the Mexican peso yesterday by trading on both sides of Monday's range and closing above Monday's high.

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