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USD/JPY better bid as Nikkei cuts losses

Tuesday, February 17, 2015 3:52 AM UTC

USD/JPY rebounds with Nikkei cutting losses at the open.
USD/JPY low 118.23, high so far 118.55 early, Nikkei now around par on day.
Nikkei push back above 18k expected to be bullish USD/JPY.
Offers well ahead of 119.00, bids from well ahead of 118.00.
Stops sub-118.10, 118.00 and above 119.00.

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USD/JPY better bid as Nikkei cuts losses

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