Over the weekend I posted a couple of times re Abe keeping the pressure piled up on the BOJ. For example.
Here’s another article from the weekend where he actually mentioned a level on the USD/JPY (bolding is mine). From the WSJ:
TOKYO—Japan’s incoming prime minister fired a volley in what market watchers warn could become a global currency war, saying the country had to defend itself against currency devaluations by other governments by making sure the yen weakens as well.
Shinzo Abe, on a television talk show Sunday, called on Japan’s central bank to resist what he described as moves by the U.S. and Europe to cheapen their currencies, and noted that a yen level of around ¥90 to the dollar—it was at ¥84.26 late Friday—would support the profits of Japan’s own exporters.
Abe Calls for Weaker Yen (Article may be gated – search the news on the headline)
