Japanese Finance Minister, Mr. Noda, announced that he will continue to monitor the FOREX market accurately, while he will meet with Policy Makers in BOJ to discuss the Yen's appreciation impact on economic recovery.

On the other hand, Mr. Noda promised that he would do his utmost to cool the Yen's advances and its negative effect on the economy.

Moreover, the USD/JPY pair has declined after the Noda's announcements, which recorded the highest level at 76.95, while it was trading at 76.66.