The BOJ gov's Q&A continues

  • expanded JGB durations are designed to help push yields down across the yield curve
  • doesn't think there are limits on QQE for time being
  • some indicators show weakness in price expectations
  • short term inflation expectations have fallen but long-term expectations holding steady
  • falling oil prices appear to be bringing down near-term inflation expectations

USDJPY 121.84 after posting 121.76 and holding the support/demand area I've been highlighting