Right, have a drink!!!
Comments coming from Bank of Japan Governor Kuroda:
- watching FX moves carefully
- desirable for FX rates to move stably reflecting economic, financial fundamentals
- don't think weak yen reflects eroding market trust in value of yen
- market's view is that weak yen is due to Japan importers' dollar demand, prospects of US interest rate hikes
USD/JPY has lost ground during the session here (meanwhile, EUR/USD has gained too)
