Friends of the yen have emerged taking the USD down under 95, a level that had been the approximate support area. There seems to be increased turbulence in currencies today that is not shared in other markers. Equities are mixed, crude up a little and commodities are mixed. Perhaps the dollar has weakened because President Obama, criticized by his tepid response to the Iranian crises, may do something besides talk. The Japanese want, like everybody else, a cheap currency to stimulate economic recovery. Prefer the buy side of this pair around the current level.
