Published at 02:41 (GMT) 20 Nov

Chart

Cross/JPY under pressure on risk aversion, with Nikkei at 4-month lows and selling by Japanese investors/ banks ahead of the long weekend, with Japan away on Monday on Labour and Thanksgiving Day. Concerns over further downside in Nikkei as some margin investors have to bail out by year end, also weighing on Nikkei, and sentiment. Nikkei -1.26% or -119.88pts at 9,429.59 - with support at 9,250, and key 9,000 now. China stocks -1.03%, weighed by PBoC Zhou warning against overcapacity. GBP/USD hit day lows of 1.6614, vs highs of 1.6670, and GBP/JPY to day lows of 147.65-70, from NY close of 148.20 on back of Japanese selling, as Asian accounts sold GBP, EUR, AUD, NZD as well. GBP/USD bids 1.6600, stops below, GBP/JPY eye 145.00. WL