Also important to mention (from trade the news):
QuoteDislikedINSIGHT - JAPANESE YEN CROSSES
- A lot of Japanese Life Insurance Companies also have a 4pm london fix on the last friday of each month to buy Yen, which happens to be today
- Dealers cite this may lead to some profit-taking in Yen related currency pairs
**Note EUR/JPY at lifetime highs of 149.70 area, GBP/JPY at 8 year highs at 221.4
Being right is one, taking it from the table is two.