Australia time USD / JPY lower, mainly Democratic Party of Japan won the election, good yen, overseas investors to buy yen.
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The bank of Japan could have used the money to intervene in the currency market by selling yen in an effort to drive down the price, but the bank is, with good reason, afraid this won't work.
日本银行本可以用这笔钱进入货币市场进行干预,去卖出日元来拉低币值,可是该行出于充分的理由,认为这样做没有用。
“It would be good if the yen would weaken a little more,” said Mr Kan.
“如果日元小幅走软,将是一件好事,”菅直人表示。
The yen has slipped back a bit but not enough to make good on losses.
虽然日圆随后小幅回落,不过这并不足以弥补亏损。
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