• Yen strength against the euro and US dollar reflects EU concerns and weakness in the US Economy
  • Fin Min Azumi also piping up with comments that the BOJ will take timely steps to address further yen strength, and that fed policy doesn’t guarantee stronger economic growth

USD/JPY poised for another battle sitting at 77.00. Offers are sitting up at 77.50/55 , with some bids 76.95/00 and the cloudbase at 76.90, but no confirmation of semi-official/official bids so far