During Tuesday's trading session, the Japanese Yen appreciated 0.25% or 28 pips against the US Dollar.
The reason for the advance were comments of the Japanese Finance Minister, Taro Aso. The Minister stated that the Bank of Japan and the Japanese government had made a mistake, fighting deflation.
Another reason for the gain was increased demand for the Japanese Yen as for the safe-haven currency, as global financial markets re-opened after the Easter holiday.