USD/JPY flows: Hovering at high

Former Japan MoF vice minister for international affairs., Tatsuo Yamasaki, says Trump and Japan can work together to send USD/JPY lower. While it is definitely the best option to keep a lid on USD/JPY, you can only clap with both hands and we haven't heard from Yellen nor Trump on such proposal.

Still USD/JPY is down a few pips to 157.86 by 0.05% though it seems to be more related to soft regional sentiment and haven bids.