The retreat allowed some to buy USD and sell JPY in 87.40 area, and hopefully to replay yesterday's gap, as Japanese might redo what was done in markets while they were sleeping. I like to call it, the sleep/jetlag arbitrage (assuming that the Japanese did not take their american coffee).
The upside that corresponds to 1 in 2000 odds is not 0.001% but another number. The estimate was not given, but if our esteemed Pythogoras wants it, it might be revealed. Studentof Pythagoras In