The Japanese yen is sliding

The Japanese yen keeps tricking down.
The currency is down by 0.3% at 104.52 per dollar as of 7:40 a.m. ET.
Earlier, Japanese stocks climbed to near five-month highs. 
The Topix index ticked up for the second day in a row, and finished at the highest level since May 31.
As for the rest of the world, here's the scoreboard as of 7:42 a.m. ET:
The euro is little changed at 1.0882 against the dollar after being in the red earlier in the day. The Germany's Ifo Busin