MOF’s Sugimoto says has no comment on currency levels, daily moves, but will watch currency markets closely.
In that case he’ll be seeing USD/JPY tripping higher, presently at 93.45. Next technical resistances now at 93.50/55, 93.80/85 and 94.00.
Source earlier mentioned sell orders lined up at 93.60, which are so far capping the rally. But one wonders for how long.
