USD/JPY sits at 90.10, having recovered from earlier dip to 89.77 session low. Mumblings of Kampo purchases and even twaddle of BOJ checking prices. Give me a break.
Suffice it to say repatriation flows into fiscal year end continue to undermine the pairing, whilst some stout folk are happy to buy on dips looking for a USD/JPY bounce once we get into April.