• Not getting worse, but not time for complacency
  • Pledges to share information regarding spread of radiation
  • Pledges compensation and support to those whose businesses are hurt by nuclear plant accident
  • Will strengthen coordination of efforts to avoid radioactive contamination of air, food and water

USD/JPY marginally firmer on the day. Presently at 81.25 having been up to 81.38. Sell orders we’ve been banging on about forever up at 81.30/50 so far proving durable, with hedge fund seen selling around the high. Stops through 81.50.