Japanese Finance Minister Azumi said today that the high yen levels are hurting the Japanese economy and that Japan is prepared to take bold action on the JPY.

日本财务大臣安住淳今天表示，日元汇率高企正损害日本经济；日本准备针对日元采取大胆的措施。

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With Japanese officials intervening in the FX markets to weaken the yen as confirmed by Finance Minister Azumi overnight, the buck has emerged as the safe haven of choice.

在日本入市干预打压日元的消息隔夜得到财务大臣安住淳的确认后，美元成为避险资金青睐的对象。

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Koriki Jojima replaces Jun Azumi in the key post, while the foreign and defence ministers kept their jobs.

BBC: Japan PM Yoshihiko Noda names new ministers

Jun Azumi, a former journalist, takes up the important role of finance minister for the world's third-largest economy.

CNN: Japan's new PM pledges to rebuild

Traders will definitely try the will and resolve of Mr. Azumi in the future, you can count on that.

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