The yen is soft and consequently Japanese exports look cheaper.
I'm not changing my prediction, the DOW is going to tank further. I hope I'm wrong. Can Obama keep the market buoyant with economic bailout chatter. That's a lot of face time with a microphone, but worth every penny.
Reuters: Nikkei jumps 3.5 pct as exporters rebound on yen
The Nikkei average climbed 3.5 percent on Tuesday after marking its lowest close in almost three months the previous day, with exporters up on a softer yen and Honda Motor jumping on a report of capacity expansion in China.
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