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.