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USD/JPY off overnight high

Friday, February 27, 2015 6:09 AM UTC

Nikkei closes day with small gain 12.15 point at 18,797.94.
Fresh trend high of 18,865.39 seen in morning trading before lowering.
USD/JPY on soggy side in Asia after rally to 119.51 overnight.
Low of 119.11 in Asia.
Longs chose to cap profits ahead of week and month-ends.
Option expiries at 119.00 and below and 119.50 and above bracketed market.
Bids eyed from Japanese investors, importers on dips into 118 level.

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USD/JPY off overnight high

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