USD/JPY is hitting session high of 96.94 as comments from Japan’s Prime Minister Aso hit the wires. The Japanese Prime Minister says he and U.S. President Obama discussed the need to maintain confidence in the USD at their meeting today. The Japanese official told Japanese media “the most important thing is to maintain confidence in the dollar as a key currency. If confidence in the dollar is damaged, it will have a huge effect.” The comments should play well back home where Japanese industry desperately needs a weaker yen to help drive exports.