Further reports of revisions to the BOJ target for 2% inflation

Earlier on this here:

Yen found strength in the very early hours of Asia on the back of a weekend report canvassing changes to the BOJ 2% inflation target once Bank of Japan Governor Kuroda leaves his role in April in 2023:

• Monday morning forex open early indications - 19 December 2022 (BOJ chatter boosting yen)
• Weekend report on BOJ's 2% inflation target: "more flexible" (ps. not until April 2023)

• Japan government bonds, early stocks (Nikkei futures) lower after weekend BOJ chatter

• Ex_BOJ dep gov says the Bnka must be ready to adjust YCC early next year

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Further now via Reuters, citing unnamed sources:

• Japan’s government is to consider revising the joint statement with Bank of Japan in 2013
• This would be once the new governor is appointed after Kuroda's term ends in April 2023
• There is currently no consensus on what changes could be made
• Discussions will intensify from January onwards

This is the same sort of thing we heard earlier (see those links above). The sent strength into the yean in the early hours. USD/JPY subsequently filled the 'gap' but has since headed back towards its lows: