There is plenty to explain the lower yen so far this morning, and a few counter-arguments too
1. Tensions over North Korea appear to have peaked, thus the flows into a yen 'safe haven' trade have slowed/reversed
(Countering this ... No, they haven't!)
2. The inflation data from Japan this morning was woeful news for the BOJ, arguing for more/continuing monetary stimulus)
(Countering this ... the economic growth figures were a huge beat, there are arguments being made in Japan to halt/reduce stimulus measures on this)
What have I missed? Comments welcome.
Update:
