Further comments by BOJ deputy governor Iwata - 31 January 2018

  • Appearing as if BOJ is keen to exit easing policy would erode market's trust towards BOJ
  • It would also prevent inflation expectations from heightening

He's still at it, folks. Further underlining the fact that the BOJ will still be on their easing policy course for quite some time to come.

Yen pairs in general are rising (JPY weakening) on the day, with the exception of USD/JPY of course where the dollar is continuing to decline further on the day.

His earlier comments can be found here. I've also shared my thoughts on the BOJ's coordinated effort in talking down the yen there.

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