Bank of Japan press conference 28 April
While all that data is coming out BOJ gov Kuroda is still banging on.
I'm going to have to get myself a bigger ice bucket.
- no obstacles to BOJ's JGB buying operations
- doesn't see any problem with BOJ proceeding with JGB purchases
- sees no change in demand for JGBs due to volatile price moves
- do not see rapid volatility in JGB market at the moment
Meanwhile USDJPY 108.23 with demand/support into 108.00 holding for the moment but expect supply into 108.50-70
