With several economic reports out of Japan delivering disappointment, let’s see how confident small businesses are in Japan in November. The previous figure came in barely above 50.0 and as reports dance around at those crucial levels they are prone for disappointments.
I doubt that the Japanese Yen will move much on this report unless it does come in below 50.0. Let’s wait and see what this report will bring us, but in general I think the Japanese Yen will rally into the end of 2013.