The Japanese yen has plunged across the majors on a volatile day of trading. In fact, US stock markets managed to finish the day up over 4 percent after spending most of the day in negative territory, but it's clear that investors aren't necessarily "confident" quite yet, as the CBOE's VIX Volatility Index remains dangerously close to record highs.
Currency Performance Versus the Japanese Yen Since Yesterday Source: Bloomberg Dow Jones Industrial Average (Intraday Chart) Source: Bloomberg VIX Index (Daily Chart) Source: Bloomberg