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Pointing to a higher open, also the japanese yen, slightly strengthening after falling the most in 17 months. A couple of markets are closed, australia and new zealand. No markets open there. The yen did drop the most in 17 months after the bank of japan is considering sending relief to its banks. Mayces say the bank consider offering a negative rate on some loans. We are taking a look at this. The yen took a tumble. I was watching the market close on friday, bankshares surging on this news. Sign, the yenme reaction, what the boj has been hoping for after currency strength, up 7 . Last week, the currency dropped to 2. 7 against the dollar, a there where the dollar strengthened significantly against the yen on that news. The euroyen fell 1. 6 for the week. Helpoj may be trying to the nations lenders after irmsit demand from all f have seen demand drop. And is a stimulus measure possibly help in a little way. Could be inion conjunction alongside further negative rates on reserves already
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