Japan PM Kishida says no comment on latest FX developments
Japan prime minister, Fumio Kishida, remarks on markets
- Must be cautious about issuing perpetual bonds as means to fund spending
- Need to ensure trust in Japan's finances
If anything else, Kishida and the BOJ are welcoming the additional yen weakness with open arms at the moment. Despite a slight retreat in USD/JPY today, the pair is still primed to take on key resistance at 114.00.