With no important economic data next week, Yen traders should continue to keep an eye on US equities, but be careful of G7 risks.
European officials have indicated that currencies will be discussed at the meeting and as a result, the Yen and the Yuan may become scapegoats for politicians who need to go home having criticized some currency for their excessive weakness.
Written by Kathy Lien, Chief Currency Strategist for DailyFX.com