Kuroda is quoted as such when speaking to a Japanese government panel by a government official
- But FX remains stable
- Will continue to monitor market moves
Well, if USD/JPY starts sinking back below 110 again he'd probably be expressing some nervous moves about the FX market too. For now though, he's not wrong in saying that. The S&P 500 index is on a cliff's edge and will prove to be a decisive hint for what is in store for global markets in the session to come.
