USD/JPY has come to life, rallying to a session high 90.15 at writing. Earlier Japanese Finance Minister Fujii said he never said a strong yen was good for the economy, which would have helped underpin USD/JPY.
Its the 15th, a Gotobi day, and that will be lending support as well.
US investment house reportedly a good buyer of the pairing on this latest move higher.
Sources now report sell orders layered up to 90.50.
You never know at this rate we might even see 90.70 reached, which I thought we were going to see 2 days ago. Yer right!!!