Amari’s weekend comments impacting on yen crosses in this illiquid time of the week, with USD/JPY down about 50 points from its morning’s highs in New Zealand.

“it’s being said that the correction of the strong yen is largely completed. If the yen keeps on weakening a lot more, it will have a negative impact on peoples’ lives.”

Amaris comments here and more here

ADDEd – two minutes later its below 102.30 (102.16 low seen dealt)