Nikkkei 225 closes flat at 17,862.63

Japanese equities reflecting USDJPY yo-yo ride 17 Nov

  • Topix up +0.1% at 1423.08

Less than a 50 point range for the Nikkei's afternoon session with Yellen's testimony also weighing on traders' minds

USDJPY currently on the rise again at 109.17 after a couple of dips from this level back down to 108.70 area amidst the BOJ announcement on JGBs

Expect more offers into 109.30 and 109.50-60

Yesterday's strong offers at 109.80 and then those defending the 110.00 barrier option as per the order board still in play after yesterday's 109.75 highs.

I hope some/many of you were able to take advantage of the info.

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