BOJ gov speaking in parliament. Again.

  • BOJ wil stick with QQE with neg rates as long as needed to achieve price stability

I'm sure BOE gov Carney would have something to say if he was marched down to the House of Commons every day.

Anyhow, nothing of note in the comment and 2% inflation still a long way away.

PM Abe:

  • Abenomics not aimed at weakening yen
  • BOJ gov also not considering policies to weaken yen

Yada yada yada. USDJPY unfazed at 112.93 having had a look at 113.00.