USDJPY falls further as Kuroda trots out the same tired comments
Down to 120.65 as Kuroda offers nothing of note that's different to the outlook report. He adds that the trust in QQE remains intact and that they'll not hesitate in adjusting policy if necessary to achieve 2% price goal.
The market doesn't believe him because if you're not going to ease the same time you cut growth and inflation forecasts, when are you going to?
120.60 holds mild support and there might be a bit more at 120.50. If that goes then we're looking at a move to stronger support around 120.20/30
USDJPY 15m chart
German retail sales are next and then I'll get the options up
