Some comments by Japanese finance minister Taro Aso - via Reuters
- FX levels determined partly by strong economic fundamentals and trust in fiscal policy
- Important to maintain trust in Japan's fiscal policy
Well, with inflation numbers like these I'm not sure what else can the BOJ do really. It's a collaborative effort, but one that doesn't look like it will solve itself any time soon.
The yen is currently the weakest major currency on the day as the trading session so far remains largely muted.
