Dollar/yen is down to ¥102.30 after starting the year above ¥105.
South Africa’s rand at a 5-1/2 year low
The Turkish lira tumbled 1.6% to a record low of 2.3360 per dollar
The ¥103 level looks like a strong resistance –
Deutsche Bank, JP Morgan and Morgan Stanley will support FX derivatives clearing for buyside from launch