BOJ gov Kuroda speaking in parliament 22 March
- BOJ easing is for achieving inflation target
- BOJ's intentions for easing are understood by G20
- no concerns among G20 on BOJ easing
And our survey says...Seems like Kuroda struggling to convince his own politicians even if G20 do understand.
- G20 not moving to support protectionism
Let's see where we are in a year or two's time on that one.
USDJPY 111.57 after running into offers/res around 111.65 after the earlier 111.33 lows