Flash: Amari warns that JPY weakness could be harmful – TD Securities

FXstreet.com (London) - The research team at TD Securities have noted that the Topix is up +1.5%, despite the USDJPY easing -0.5% to 102.70, after punching through 103 on Friday.

They explained that the appreciation of the yen has been blamed on comments by Japan’s economy minister Amari, who was quoted as saying in an interview with national broadcaster NHK on Sunday that further weakness of the yen could be ‘harmful’.