Bank of Japan (BOJ) Governor Kuroda:

  • Japan’s economy continues to recover moderately
  • Japan’s economy likely to continue recovering as a trend
  • japan making steady progress in meeting BOJ’s price target
  • BOJ will maintain its QE program until needed to sustainably meet its price target
  • BOJ will adjust policy when needed, looking at upside, downside risks to economy, prices
  • Japan’s financial system maintaining stability as a whole

Nothing new or notable here from Kuroda, speaking at the BOJ’s quarterly branch managers’ meeting

–

Investment bank name said to be a seller of USD/JPY now (may be on behalf of a central bank order)