USD/JPY sits at 93.15, seeing fairly calm trade early on in Europe.
Talk of buy orders down at 93.00/10 with stops seen through 92.90.
Japanese PM Hatoyama says “the government, at least as far as I am concerned, basically has no need to coment on currencies.”
Meanwhile FinanceMinister Kan says it’s his job to respond to currency moves, but that it is the market that dictates the rates.
