- Specific monetary policy tools are up to the BOJ to decide
- Must consider monetary policy and FX measures separately
- Must closely watch exchange rate moves
The typical jawboning from Kishida. This isn’t anything new as the remarks have been served up by Japanese officials ever since USD/JPY broke 120 and now we’re at 135 already.
This article was written by Justin Low at www.forexlive.com.
Source link