U.S stocks doing nicely.

U.S. stocks are doing nicely with the dow presently up some 370 points. This is helping the greenback retain a bid tone, although it has to be said things have calmed a lot compared to the earlier frantic action. All the same, USD/JPY is posting the days’ high of 106.25 at wrting, the Japanese unit not helped any by the raft of very soft economic data released overnight.