Adarsh Sinha Against Quotations

Since Watanabe made comments that's when the reversal started and it seems to be breaking higher against the dollar.

What we're seeing right now is the market take a bit of a breather. One thing we've seen in the past two days is yen weakness against the crosses and that probably has to do with the fact that the yen sell-off in the past week or so has been the sharper move.