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Flash: JPY led by Gov commentary - OCBC Bank

FXstreet.com (Barcelona) - Emmanuel Ng of OCBC Bank notes that the continuing stream of comments from Japanese Economics Minister Amari may continue to buffet the yen in the near term with the minister noting that exchange rates should strike a balance between the impact on imports and exports.

Elsewhere, Ng sees that the Japanese government also raised its assessment of the Japanese economy although he notes that the weight of the market remains positioned for implicit yen weakness. In the interim, he adds that dips towards the 101.30 area may find implicit support barring a broad shift out of bearish yen expectations while 103.30 may present a near term cap.

Flash: Bullish equity flows can be bearish JPY - Nomura

Nomura strategists have examined the impact of equity flows on JPY.
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Flash: QE pullback talk premature for now- DBS Group

DBS Group analysts see that markets are concerned about whether and when the Fed may begin to scale back QE3, where bond purchases/ monetary ‘injections’ are currently running at a pace of $85bn per month.
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