Stocks off lows (back above 200 day MA) and yields move higher after auction

US stocks are higher and the S&P and Nasdaq has moved back above their 200 day MAs in the process. Yields are also a little higher after the soft 7 year note auction, that had a 1.9 bp tail and low demand.

Stocks off lows (back above 200 day MA) and yields move higher after auction

That has helped to move the USDJPY move to and now through the 100 hour MA at 109.453 (high of 109.51 so far).

Stay above the 109.42-45 area will keep the buyers more in control now.