USD/JPY nears pares losses
The US dollar is now down just 33 pips to 119.95 after falling as low as 119.23 at the start of US trading.
The pair found bids ahead of last week’s low of 119.08 and has made a comeback as stock market sentiment improves. The S&P 500 has pared its loss to 5 points from as may as 30 points.
