Stocks are back at the highs of the day and that’s encouraging the USD/JPY bulls.
Offers ahead of the Asian high of 98.06. More at 98.35/40 and 98.65/70.
Price action today is showing the stock market is a major factor. S&P 500 is testing the opening high of 1588 but I think we need to break 1592 to get things moving.