The bar is low for the BOJ
Anything that sounds remotely upbeat from Kuroda is a green light to buy the yen at the moment.
He gave the slightest hint about rising wages today and indications of a closing output gap and USD/JPY fell down to 108.70 from 109.30. It's closing in on yesterday's low of 108.49 now.
Join the conversation in our new Telegram group