USD/JPY is ever-so-slowly grinding through 102.70. News headlines crossing Bloomberg this morning of ex-Ministry of Finance Sakakibara (aka ‘Mr. yen back in the day) saying the sales tax needs to be raised to 20%. Those comments are from an interview conducted back on April 14!
- Sellers 102.90 and 103.00
- Sellers 102.70 through 102.80
- Buyers 102.00 and some 102.50
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EUR/JPY:
- Sellers 142.00/50/143.00
- Buyers 140.00 & 141.00