Data on industrial production in Japan cheered investors. Thus, the index increased in September by 2.7%, against a decline of 1.9% in August. It is worth recalling that the main export goods are high-tech products in Japan and production growth should positively affect the price of the Japanese yen in the future, but on the other hand it is the devaluation of the yen that makes Japanese products so attractive on the world market. Despite the devaluation, negative for the industry of the country was the increase of the sales tax from 5% to 8% and plans to increase it to 10% in 2015. The volatility of the yen remains low due to the expectation of the Fed's monetary policy. In the case of strengthening of the Japanese yen today, we retain a negative outlook due to the divergence in monetary policy the Fed and the Bank of Japan.