USD/JPY has traded to a low of 75.35 in early interbank trade, according to Reuters, taking out barrier options at 75.50 in the process. The pressure will start to increase again on the BOJ and MOF to take some action to stem the Yen rise. EUR/USD is slightly lower after the usual spate of EUR-negative reports and articles, currently trading at 1.4140, having seen an earlier low at 1.4120.
Good luck today.
