JPY review: Western Union

Quotes from Western Union:

- Today's a better JPY buyers' market for U.S. importers with the yen back in the ¥120s, pretty much the weakest levels for the Japanese unit since early January. 

- Bursts above ¥120 have recently proven short-lived as they have been met by verbal intervention on the part of Japanese authorities to help stabilize the yen. 

- America's jobs report Friday will be the last look at the labor market before the Fed's next meeting on March 17-18. A strong jobs print would narrow the odds of a midyear rate hike and leave the yen vulnerable to further losses.