Basically, I think the desire to wait and see is very strong right now. That being said, U.S. stocks, especially the Nasdaq index, were weaker ... so the market is likely to move lower.
While the stronger yen threatens to eat into the profits of exporters, it's also attracting foreigners by increasing their dollar-denominated return.
The market was encouraged by Friday's gains in U.S. stocks. Carrying over late last week's strong market sentiment, players tested higher prices.