Positive territory on initial yen losses but closing off session highs as USDJPY retreats 13 Feb
- high 19519.44
- low 19418.18
- Topix +0.49% at 1554.20
- USDJPY 113.69 on session lows after the retreat from 114.17.It's a bit of a level up there as we highlighted in the order board on Friday.
Expect initial offers now into 114.00 . Demand nearby into 113.50.
Nikkei still closing on 2-week highs after a bit of initial; relief that the Trump/Abe talks produced little by way of nasty surprises, particularly on ccy manipulation.