The Japanese Econ Minister is cosign the wires, noting that external factors are the main reason for recent yen move below the 116.00/115.50 support levels.
Headlines
Hope annual wage negotiations lead to rise in real wages
Yen is being bought due to safe haven flows
Negative rates shows boj’s determination to end deflation
Falling yields will lead to capex increase, but will take time to work
(Market News Provided by FXstreet)