The Japanese yen is trading at maximum value against the US dollar since the 20th of June. For the whole week it hasn’t resolved the issue of the circular level 100. What is the cause? The main reason I highlight, is coming from the authorities, that if the yen fluctuations become too harsh, the Ministry of Finance will have to take drastic measures, and that the probability of easing of monetary policy in the next month, September, is more than 50%. From my point of view, now it can act as sufficiently important reason to start purchases.