• Yen weakness is due to signs of US recovery
  • Yen weakness is due to US avoiding fiscal cliff
  • Yen is correcting from previous excessive appreciation

And no, I’m not making this stuff up.

Ahh, here’s some more:

  • Abe’s remarks helped trigger Yen weakness
  • Abe’s remarks not the only reason for the Yen weakness
  • Abe doesn’t intend competitive devaluation of the Yen