The yen depreciated vis-à-vis the U.S. dollar today as the greenback tested offers around the ¥90.60 level and was supported around the ¥89.65 level.  Parliamentary Secretary of Finance Furumoto reported Japan supports a strong U.S. dollar and Japan doesn't plans to change the basic composition of our foreign reserves and most of them are held in the form of U.S. Treasuries. Speaking about fiscal stimuli, he added Japan's economy is still far away from the stage of considering an exit strategy.  We cannot be optimistic about the Japanese economy at all.  Data released in Japan overnight saw the October domestic corporate goods price index decline 0.7% m/m and 6.7% y/y.  President Obama will conduct his first state visit from tomorrow that will take him to Tokyo, Beijing, Shanghai, and Seoul.  U.S. Treasury Secretary Geithner met with Bank of Japan Governor Shirakawa yesterday and said a strong dollar is very important for the U.S.  Finance minister Fujii has reportedly indicated the Federal Reserve's low interest rate policy is the reason for the U.S. dollar's recent weakness.  BoJ's Policy Board recently predicted core consumer prices will decline 1.5% in the year ending March 2010, decline 0.8% in the fiscal year ending March 2011, and decline 0.4% in the fiscal year ending March 2012.  The central bank recently reported it will stop its purchase of corporate debt and commercial paper at the end of 2009.  BoJ Policy Board's next interest rate decision is scheduled for 19 November.  The Nikkei 225 stock index lost 0.68% to close at ¥9,804.49.  U.S. dollar offers are cited around the ¥94.75 level.  The euro moved lower vis-à-vis the yen as the single currency tested bids around the ¥133.90 level and was capped around the ¥135.00 figure.  The British pound moved higher vis-à-vis the yen as sterling tested offers around the ¥149.90 level while the Swiss franc moved lower vis-à-vis the yen and tested bids around the ¥88.65 level. In Chinese news, the U.S. dollar weakened vis-à-vis the Chinese yuan as the greenback closed at CNY 6.8208 in the over-the-counter market, down from CNY 6.8219.  Pressure is increasing on China to further liberalize its yuan, especially with Obama's pending visit.  Data released in China yesterday saw October industrial output up 16.1% while retail sales were up 16.2% and consumer price inflation was off 0.5%.  Additionally, it was reported that the October trade balance printed at US$ 24 billion.  State Information Centre official Zhu this week reported Chinese policymakers are unlikely to allow the yuan to appreciate this year and foreign pressures won't make result in a policy shift by Chinese officials.