USD/JPY (103.44)

European & US sessions forecast levels: 102.60/103.90

Trend Sessions: European – Neutral

US – Neutral/Upward

Market Focus:

Daily Strategy: For the difference than the European finance ministers the Japan ministers worries about the sharp yen rising against the dollar. The high value of the yen will damage the Japan export depending economy. The yen rise to 102.64 during the US session as later after the words of the Japan ministers the yen back at the trading to 103.47. The Japan ministers would not allow so big movements of the yen while the European ministers do not care about the problems that will cause the high value euro over the Euro Zone and world economy.