CORRECTION - Forex: Yen battered to new lows on Japan's Hamada headlines

FXstreet.com (Barcelona) - The Japanese Yen has just hit a fresh low of 90.19 vs the USD after Japan's PM economic adviser Mr. Hamada crossed the wires with a series of Yen negative comments, the most significant being that "yen weakness to 95 or 100 vs USD is nothing to worry about", adding that "Japan should be worried if Yen weakness accelerates to 110 vs USD or more..." Reuters reported, citing Mr. Hamada. Other comments included "BOJ likely to take some form of monetary easing steps next week" or "always a risk of money oversupply creating inflation, but no ground for substantial inflation in Japan now Written" he said.

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