Yen fell on the news from Japan

Rather sluggish nature of the trading in Asia, has been violated, and the foreign exchange market participants with interest the Japanese yen, which fell sharply against several major currencies and is now continuing to feel the pressure, in particular the Euro / Yen undertook spurt nearly sixty points and now holds about Y133.76, while the pound / yen traded near Y156.16, adding to the price of more than seventy points. Dealers attributed the movement to the report of Ministry of Economy, Trade and Industry of Japan (METI), which reported that the production in June rose by 2.4% m / m, after +5.7% m / m in May, and it is expected that in July the increase was 1.6 % m / m, and in August it reaches 3.3% m / m. This news contributed to a stronger appetite for risk, which was a negative factor for the Japanese currency, which was unfavorable for a bit earlier and published a weekly report on securities transactions. According to the latest, Japanese investors have continued to show interest in foreign assets, net purchases by a week until July 25, amounted to Y71.7 billion, while foreign investors during the reporting period is eliminated from the Japanese asset: its net sales amounted to Y110.9 billion