Yen trades little changed against the dollar as investors look for fresh triggers after the Japanese currency capped its best week since February. JGB investors seen lacking trading incentives amid absence of a government auction and a Bank of Japan purchase operation.
USD/JPY steady at 112.17 after falling 1.3% last week; pair touched 111.83 on Oct. 11, its lowest since Sept. 18. Leveraged funds boosted net yen short positions for a third straight week in period to Oct. 9, CFTC data show.
Source : Bloomberg