JPY

North korea wants a promise and that's it? "Citation needed." mate, you're not a historian nor a political scientist.

And to counter your inaccurate claim of China doesn't back North Korea:

Here you go:http://www.nytimes.com/2013/03/10/world/asia/china-says-it-will-not-abandon-north-korea.html?pagewanted=all&_r=0

How do you suppose yourself to trade rationally in the foreign exchange market if you don't even do enough research and present totally absurd assumption.

Do you realise the US is not willing to give something clear like Cuba to North Korea. North Korea is dis-signing the armistice because the UN pulled another load of sanctions on them.

Kim Jong Un said "We will nuke Seoul".

Read the news.

Hello Ashraf and everyone,

As you all might know, North Korea are intensifying their tension with the South.

On Monday, North Korea is officially not going to resign the armistice agreement with the South. This means that on paper, North Korea is in war with South Korea gain. Hence, this puts Japan at risk of another warfare with the Koreans. This will increase the risk appetite for people to buy USD, and only USD as this puts Japan in a risk for another warfare.

I think this fundamental political analysis, would put USD/JPY higher and higher for the next week.

Ashraf, and others, what are your forecasts?

“The market has taken on board speculation that Kuroda will be the new BOJ governor and the expectation is that he will favor aggressive policy easing,”

Are you referring to daily chart pattern from the 103.64 high ?