It’s hard to understand the yen, the Japanese Finance Minister Taro Aso said on Tuesday.
Interest rates remain stable despite massive spending.
Wrong to hope this fortunate situation lasts forever.
USD/JPY finally breaches 107.00
Amid a fresh selling-wave seen in the US dollar across its main competitors, USD/JPY extends losses following a break below the 107 handle. The spot drops 0.40% to 106.80 levels, as a turnaround in the market sentiment diminished the safe haven bids for the dollar.