People are interested in being a little closer to neutral on the way into the meeting.
It was also higher at 83.25 yen, compared with 81.25 yen in New York late Wednesday. Finance ministers and central bankers from the G-7 will meet in Washington next Tuesday. Due to months of volatile exchange rates, many dealers expect the G-7 to at least express a desire for stable market conditions. Japan has expressed a desire for the G-7 to come up with a clear message to the markets. Dealers noted that ongoing U.S.-Japan trade disputes continued to cast a pall over the market.