BOJ governor Kuroda out on the wires 19 March

  • doesn't expect protectionism to spread globally
  • importance of free trade is solidly shared understanding among G20 nations

Thanks for popping by but let's see what the G20 really has to say.

On crypto currencies:

  • some regulation needed for cryptocurrencies such as anti-money laundering steps but also need to avoid slowing innovation

No gain without pain Mr K

Meanwhile USDJPY still toying with 106.20 having posted highs of 106.31. Yen demand returning generally with GBPJPY down to 149.27 as GBPUSD also falls to 1.4060. Ditto EURJPY down to 130.74 as EURUSD fails into 1.2330 and retreats to 1.2313.

Buy rumour/sell fact it would seem for the moment as some money understandably comes off the table after such decent moves.

Kuroda fends off an invasion of mics