A strong Nikkei afternoon session has also seen a decent USDJPY rally 4 August
- Nikkei posting highs of 16257.93 following early lows of 15921.04
- USDJPY once again finds a base at 100.75 to post 101.46 highs
- currently 101.42 with Nikkei 16218.39, +0.84% as we head into the final 30 minutes of official trading
Of course it could be the USDJPY dip-demand leading the Nikkei higher rather than vice versa but the correlation is definitely there to be seen.
