• But must carefully weigh its benefits and costs
  • BOJ will continue efforts to maximise yield curve control impact while minimising side effects

Amamiya is a top contender to take over from Kuroda and these are notable remarks but I would argue that they will have more weight if he was confirmed as the next BOJ governor. USD/JPY has been a little volatile since he started speaking, briefly dropping to 131.48 earlier before keeping around 131.73 at the moment.