USD/JPY eyes 105.00 - Japan's EX-MOF Sakakibara

Sakakibara, a former Finance Ministery official, while speaking to Bloomberg said, "USD/JPY may break under 1100, is on its way to 105.00 in the next 6 to 7 months".

He adds, "lower US growth and concerns over Trump administration" will weigh over the USD/JPY.