On the background of attention of the forex market for a new round of problems of European sovereign debt and the subsequent movement towards reducing the risks of currencies, the yen gradually goes into the background. It will not cause discontent in the Ministry of Finance on the background of the gradual movement of pair USD / JPY away from the critical level of 80. An additional source of joy for the Ministry of Finance will be the recent trend of the forex market to a preference for the dollar in the period of risk aversion, rather than the yen, as it was during the last episode of heightened risk aversion in the second quarter. Japanese officials were very terse in recent times. In their favor, and remain so, as the market moves in their favor.
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