Tokyo's main index closes higher on the day as Asian stocks rise

  • Session high 21,578.99
  • Session low 21,308.92

Japanese stocks recovered today after what was a topsy turvy day in trading yesterday. Moves in tandem with the rest of the Asian equities market.

That hasn't really helped USD/JPY though as the pair has fallen to 106.48, down 0.5% on the day. Investors are starting to digest the new moves, and unless USD/JPY falls more rapidly and sharply, equity investors can breathe some form of relief as we establish the new "equilibrium".

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