The Japanese yen has been stagnating. USDJPY has ticked up a little in the past few days, notably on mixed economic data from Japan and a generally stronger dollar across the board. However, Ian Coleman, from First4Trading says it's as if the safe have aspect of the currency has stopped. Given what's happening with Russia and Ukraine, and with all the problems in the Middle East, one would normally see aggressive buying of the yen but it's just not happening. He says longer term, he's a dollar buyer and he expects USDJPY to reach the 105.40 area and then make a break towards 106. He says there's not much point looking at other yen pairs which have also been flat-lining for some time. He gives an insight into how he's trading USDJPY right now.