USD/JPY Erases Losses, Japan Eco-Watchers Survey Improves

USD/JPY is trading at 103.15, down 1.83. The pair has erased a good part of the Asian forex session losses during an active and fast paced overnight trading session. Chatter about global money flows and the results of the U.S. election has kept buyers and sellers active in a very wide trading range. Japan's Cabinet Office Eco-watchers current survey rose to 49.3 during October from 46.3 in September and the outlook survey rose to 51.4 from 49.9.