News Headline Summary

As North American participants come to their desks, JPY strengthens against both EUR and USD as the US reacts to overnight news from the Japanese economy minister saying an excessively weak JPY is not good for the economy

Update details:

- USD/JPY trades 88.37 (-108 pips) last.
- EUR/JPY trades 117.92 (-178 pips) last.

Print 11:57, 15 Jan 2013 - FX Flows - Source: RANsquawk