USD/JPY sinks to fresh lows in over three months ...Middle East

The greenback is down on the day now but it seems to owe much to a surge in the yen, with other major currencies also trading to their lowest points today against the Japanese currency. USD/JPY is now down over 1% to 145.50 levels as sellers are targeting the 150.00 mark next:Elsewhere, GBP/USD is up 0.2% to 1.2580 while AUD/USD has turned losses into gains and is now up 0.2% to 0.6560 on the day. This article was written by Justin Low at www.forexlive.com.

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