USDJPY backing off. Held 200 day MA above. Nasdaq now negative. - ConsultFX

USDJPY backing off. Held 200 day MA above. Nasdaq now negative.

Losing momentum.  Markit comes out weaker. The USDJPY is backing off (moving lower).  The Markit PMI for Manufacturing just came out and it is the lowest since September. That is not helping.  Stocks are wandering back down. The Nasdaq is in the red now (down -11 points or -0.14%). The S&P and Dow are still higher