After achieving a minimum of fifteen to 80.41 yesterday morning, USD / JPY pair has gone above and currently exceeds 81. A slight strengthening the dollar and Asian currencies lethargy were evident last 24 hours. Indeed, over the dollar's price action was interesting to watch. Before the weekend expectations were that if during the G20 meeting could not be reached final agreement on currencies, the dollar will fall further this week, and this is something that sought to Asian markets on Monday. However, dollar sales, that worked so well last week, obviously a little to slow progress. Fundamental to the dollar is still poor, but we can perhaps come to see the washout of short dollar positions, as the trade relaxed and lacks momentum.
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