Further comments by BOJ governor Haruhiko Kuroda on the day
- Rising rate differential should theoretically mean the yen will weaken
- "All else being equal" that should happen
- But there are other FX factors apart from monetary policy changes
Nothing else from Kuroda thus far. It's been a rather bland press conference to be honest as he mainly reiterated all the things from his previous press conferences.
USD/JPY has fallen to 110.70 after having touched a high of 110.90 earlier though as the dollar gives up some gains against some of the major currencies after the dollar index posted session highs earlier at 95.131 before retreating a little.
