BOJ gov still talking the talk.

But will he walk the walk?

Jury out still.

  • expects govt to continue to take steps toward fiscal discipline
  • lending rates clearly falling, expect this to filter through economy

Meanwhile USDJPY climbing back above 112.00 with yen pairs all following suit, GBPJPY a notable mover to 157.28 dragging GBPUSD back up through 1.4000.