Japan All Industry Activity Index (MoM) declines to -0.3% in Mar from 0.6%

May 21, 2013

Flash: USD/JPY, break through 103.5 allows 105/105.50 - JPMorgan

The current pace of appreciation in USD/JPY should have its days numbered, says JP Morgan FX currency analyst Tohru Sasak, who believes that softening US data will temper speculation on QE tapering.

Session Recap: Amari takes the Yen down again; USD slightly stronger

Asia-Pacific trading started with a broad weak tone for the USD, but soon reversed by the Tokyo open on new comments from Japan Econ Min Amari softening those made yesterday that took USD/JPY down to fresh weekly lows below the 102 handle. USD shot up on the news and posted gains against CHF at session highs above 0.97, USD/JPY at 102.75, EUR/USD session lows at 1.2860, and AUD/USD at 0.9750.