Forex News: USD/JPY in downtrend but won't likely fall below 105.80, given buying by Japan importers, says trader at major Tokyo bank; "while the dollar is certainly weak, it's difficult to find reasons to keep buying the yen given Japan's very-low interest rates." But if Asia stocks fall, decline in JPY crosses may crimp USD/JPY. Focus now on BOJ Governor Shirakara's remarks later; "the point is whether he will express strong concern over inflation." Puts resistance at 106.30; now at 106.18 on EBS, little changed from late in NY
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