FXstreet.com (Córdoba) - USD/JPY fell below 91.00 to 90.76, as Dollar continues to pull down from a two week high. Greenback is still up for the day against the Yen, 0.40% above today's opening price. The pair is rising for the second day in a row. On the downside support lies at 90.45/50 and 90.15. During the European session, Greenback rose to 91.32 posting a fresh 2-week high.
According to the Wells Fargo Research: The US dollar is recovering moderately but broadly this morning, and the yen is down to its weakest level against the buck so far this month. A less extreme dollar bearish sentiment and rising US Treasury yields (implying a widening spread between the US and Japanese interest rates) are probably behind the yen's slippage this morning.