BOJ's Kuroda says did not discuss anything in particular on FX with PM Kishida

• Told Kishida that FX moves should reflect economic fundamentals
• Kishida made no specific request on monetary policy
• Does not think that monetary adjustment would have a direct impact on currency

He adds that the recent yen weakness can also be attributed to dollar buying for commodities Commodities Commodities are assets that are either naturally grown or occurring in the environment. Most commonly this includes precious metals such as gold, silver, and palladium.Beyond metals, commodities can also focus on agricultural or industrial goods that are central to manufacturing or other sectors. This includes crude oil, copper, wheat, and others.Relative to other assets, commodities are an extremely complex form of investment, with many similarities and differences to existing products.Commodit Commodities are assets that are either naturally grown or occurring in the environment. Most commonly this includes precious metals such as gold, silver, and palladium.Beyond metals, commodities can also focus on agricultural or industrial goods that are central to manufacturing or other sectors. This includes crude oil, copper, wheat, and others.Relative to other assets, commodities are an extremely complex form of investment, with many similarities and differences to existing products.Commodit Read this Term and also due to rate differentials. Well, in part yes but the technicals also matter to some extent I would argue although that is one reason that policymakers can never cite. The break of 120.00 allowed for much room to roam and as we hit 125.00 on Monday, we are now seeing a pullback. Call it a technical pause or perhaps it is due to Japanese fiscal year-end repatriation flows but they both fit the narrative.