Bank of Japan (BOJ) Governor Kuroda spoke in New York this evening to the Japan Society
Links to his comments (in order):
- BOJ's Kuroda: Says price target can be achieved
- BOJ Kuroda Q&A comments now: 2% inflation target is best
- More from BOJ Governor Kuroda - He comments on China now
USD/JPY fell (not by much, but noticeably) during the speech and comments.
In the first set of his comments I posted there was this:
- If I want to get all forensic on the headlines I'l point out his use of the words "Abenomics has corrected excessive yen appreciation" that implies to me that the yen falls we've seen are over
The market seems to agree and is likely a big reason we've seen a weaker USD/JPY since. I'm glad I managed to pick up that one at the time.
