Published by Jamie JemmesonThe dollar and euro both fell against the yen in foreign exchange trading this morning (March 30th) as Japanese companies repatriated revenues generated overseas.In Japan, where companies tend to settle their accounts on dates ending in multiples of five, today is the last regular settlement day of the current fiscal year.But while the dollar and the euro saw a selloff this morning as Japanese exporters converted revenues to yen, MarketWatch reports that such losses are unlikely to be sustained.Shinichi Hayashi, a foreign exchange dealer at Shinkin Central Bank, told the news agency said that the dollar is likely to hold above Y92.00 for the rest of the global trading day."There seems to be a substantial accumulation of bids there," he commented.John Kyriakopoulos, head of currency strategy at National Australia Bank in Sydney, also told Bloomberg that the dollar also lost ground against high-yield currencies as risk management strategists went in search of higher returns.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site