Yen rises in Asia after BOJ holds fire on easing measures

Markets are now looking to comments from BOJ Governor Haruhiko Kuroda later Wednesday for clues about when the bank might pull the trigger on further measures.

Dollar/yen hit a 3-month low of 100.81 a little earlier, after Mr. Kuroda started his press conference. I imagine we'll hit 2014 lows this week, if not later today.

Not news in any way. This is a tiny move (~0.1%).

@KnowBetter yes and all those import lovers, Iphones Mercedes BMW etc etc etc.. want to help the economy buy Japanese made.

A higher Yen is never good for Japan Inc.'s recovering export division. Also, not good if Japan wants to draw in tourists to come visit, spend on lodgings, sights & sounds, transportation and buy, buy, buy!!!

The only winners in the short term are the ones importing raw materials, oil, gas, etc. into Japan.