More comments by BOJ governor Kuroda
- Says that boosting non-manufacturing productivity is most important for Japan's economic outlook
- Current easing policy can help non-manufacturers' efforts to boost productivity
The yen is unphased by Kuroda's comments on the day - not like that is anything new. The Nikkei remains in the black barely, but it's a decent turnaround considering it was hovering at the lows earlier up until the lunch break.
But yen pairs remain heavy on the day with USD/JPY at 105.98, EUR/JPY at 131.22, and GBP/JPY at 148.20. Also, do look out for a decent sized option expiry for USD/JPY at 106.00 later in the day.
