Strength in the Japanese Yen may be attributed to comments by Japan's Minister of Finance earlier today. Courtesy of Dow Jones Newswire:
08:00 GMT Japan Tsuda: Want BOJ To Support Econ Via Monetary Policy
08:00 GMT Japan MOF Tsuda: No Plans To Change FX Makeup Of Reserves
08:00 GMT Japan MOF Tsuda: No Comment On If Tokyo To Intervene In FX
08:00 GMT Japan MOF Vice Fin Min Tsuda: Monitoring FX Mkts Carefully
Still, to me its just a pullback within an uptrend. Looking for support levels and oversold readings on EUR/JPY, GBP/JPY, ect.
