Japanese yen is still recording a low levels against major currencies amid the continues incline in Asian stocks before the issuance of American jobs data which is expected to see lack of demand for unemployment benefits reducing the safe assets demand.

Japanese yen fell after six weeks high against dollar where the Bank of Japan raised inflation forecast, which may lead the bank to ease a new monetary policy to reach inflation target.

Meanwhile, Japanese Yen declined by 0.2% to 88.98 in Tokyo recording 80.30 level in 16th March the highest since 29th February, where the USD/JPY pair still above 80 .