......this just in..............

TOKYO (AFX-ASIA) - Bank of Japan governor Masaru Hayami said the country`s currency authorities are currently watching closely the fall in the dollar to the 117 yen level, adding that a strong yen is unjustified. "We are now watching the forex market movements. Japan`s situation doesn`t justify a strong yen," Hayami told AFX-ASIA in response to a question on whether authorities will take action as the dollar falls to the 117 yen level. "It is not limited to Japan because the dollar is declining across the board," he added, asked if the yen`s value is justified by Japan`s fundamentals



I've set 9000 of the 10000 usd/jpy to take profit @ 117.20