BOJ gov Kuroda speaking in parliament 15 Feb

  • policy aimed at 2% target, not FX or other things
  • FX level is affected by various factors, not only interest rate difference
  • rate differential affects FX sometimes, not other times

If they want to raise some money why not impose a Speech Tax with additional penalties for repetition ? That would fill the coffers up nicely.

Eamonn had earlier claptrap here

Meanwhile USDJPY still clinging to 114.50

Yep, we know how you feel Mr K.