Japan's Hamada: Yen at 105 per dollar would be appropriate

FXStreet (Bali) - Koiche Hamada, adviser to Japanese PM Abe, is crossing the wires once again to reiterate his overnight comments that USD/JPY at 105.00 would be appropriate.

Headlines via Bloomberg

Yen can deviate 10%-20% from its appropriate level

Says yen at 105 per dollar would be appropriate

Says yen at 125/dollar wouldn't be justified

Says he doesn't think yen will drop much further

Says yen selling is approaching limit