Nikkei 225 turns negative, Yen pares all losses

FXstreet.com (Bali) - The Nikkei 225 has eliminated early gains and is currently trading in negative territory, moving from +0.75% down to -0.2%.

The SP 500 futures came under pressure as well, with losses accelerating in recent trading to presently stay at -0.4%, unusual large moves for the Asian session.

The sell-off is pushing Yen crosses to the downside. Against the US Dollar, the Yen rose to its highest for the session, breaking the 104.50 handle to set new highs at 104.35.