Author: Eamonn Sheridan | Category: News

USD/JPY is the stand-out performer so far this Asia morning.
The (four week old) minutes from the BOJ policy meeting

  • show members still seeing very low inflation
  • wanting to boost inflation expectations (perhaps through FX rate influence)
  • MOF rep. said the Yen remains elevated and rapid appreciation poses risks to the economy
  • also noted the discurrent state of relations with China could exert risks for the economy