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USD/JPY rebounds again as Nikkei 225 leads Asian stock gains
The Nikkei 225 is the best performing major Asian stock market this morning and that has helped to lift the USD/JPY to its best levels of the week. The dollar had briefly risen above 143.50 on Wednesday, but fallen back again yesterday. However, the price action seen yesterday had formed a base ahead of 142.25 and that platform led to a close last night at 142.63. The push higher today has seen the dollar lift to its best level of the week, at 143.80. It has backed away from that high right now, but the dollar remains elevated at the moment relative to the lows seen earlier in the week. The USD/JPY is right now at 143.56
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