The buck has shed all of its post-jobs data gains against the yen and is now down versus the safe haven currency. No matter how good the US data is, the shadow of China looms larger, with some investors fearing that Chinese officials will try to pull off a quick CNY devaluation over the weekend. "These reactions indicate a market that is really...waiting for the next piece of bad news to fall," Citi's Steve Englander writes. USD/JPY now at Y117.47, down 0.2%, from as high as Y118.74.