The S&P 500 is down just 7 points to 1965 after falling as low as 1952. The turnaround in stocks has helped to push USD/JPY up to 101.30 from a low of 101.07, EUR/JPY also held the line of strong bids at 137.50 that we mentioned and has rebounded to 137.72.

S&P 500 daily

S&P 500 daily