Welcome to countdown. We are encroaching on ¥100 to the dollar but we are keeping a close eye on where this next leg in the dollar goes. Is this a yen strength story or is it a dollar weakness story . I would contend this is now more eight dollar weakness story. The fed is fading. The dollar is down for a third day, the lowest since brexit. The last time they posted a trade below 100, that was post brexit. That thehown 80 odd yen will touch 100 in the coming months. It looks quite sneakily as if it might get through today. Mulls theams possibility that 2 inflation targets are no longer really that relevant and they are not welding not working. The flows in dollaryen over the past hour have been significant. They are hitting record levels in model funds and they are filling in the asian session. Keep an eye on those. Lets look at the risk radar. Little bit lower as well. You have the dollar index down for the third day in a row, the lowest since brexit. Atan equity, which you have 140.