The JPY has experienced some marginal weakness during the Asian session with USD/JPY up at 95.10 compared to North American close Friday around 94.80, while EUR/JPY is up at 133.30 from around 132.70.
The JPY has been underminned by a report the North Koreans have conducted a “successful” nuclear test today, their first in three years.
For today, one of the main foci will be the 08:00 GMT release of German ifo for May;
expectations median forecast 85.4, business climate 84.9, current assessment 84.5
