BOJ governor Haruhiko Kuroda begins his press conference

  • Downside risks from overseas economies are increasing
  • BOJ won't hesitate to ease further if risks threatening price momentum rise
  • Need to pay close attention to risks for price momentum
  • Price momentum has been maintained so far

Nothing that jumps out from the script so far by Kuroda. This is very much the same old stuff that has been said before. USD/JPY holds weaker still around 107.92 currently.