Japan Finance Minister Aso made clear that the government doesn't have to include an accord with the BoJ. Bloomberg had reported an estimation of ¥10Trillion in regard to the size of the Fiscal 2012 Suplementary Budget, but Japan newspaper Yomiuri takes it further, ¥12/13Trillion.
The 200-week moving average, at 114.88. is a key juncture on the chart as well as a medium term upside objective and "we would not be surprised to see some consolidation in this zone", wrote Commerzbank analyst Karen Jones, pointing to support for dips at 111.43/57 (October 2011 high, March 2012 high and the short term uptrend).
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.