USD/JPY edges lower following a raft of Japanese official comments today

The USD/JPY has dropped back so far today. The dollar had closed in the US last night at 146.29, which was slightly down from the earlier session high, at 146.52. The low seen a little earlier today was set at 145.30 and somewhat surprisingly; the lower dollar has come amid some modest gains for the Nikkei 225. That is rather an unusual twist in the Yen/Nikkei 225 correlation and to explain that we might look at a whole bunch of comments from Japanese officials today. Those are being taken by the markets as being generally hawkish in dimension. That has pushed the Yen higher, but alt this stage not dented the Japanese stock market it seems. So, the stronger Yen has helped Gold lift off the lows seen yesterday and Nikkei has helped both US and European stock futures rise ahead of the opening here this morning. The USD/JPY is currently trading at 145.60, down from an earlier session high at 146.34.