USD/JPY has barely held above 107.00 in Tokyo during morning trade 9its just gone noon there now).
Heading into the G20 meeting Thursday and Friday Japanese authorities will not be too concerned about yen strength, it might fend off some 'manipulation' accusations from the US.
Same for the yuan, it has strengthened in past days.
AUD is losing ground as USD/JPY drops, its seen AUD/NZD and AUD/JPY sellers. Having said this, all yen crosses are lower with this softer USD/JPY. AUD/USD held the resistance are I noted early this mooring (Aust. time).
