Bank of Japan press conference in Q&A section now
- thinking on neg rates is unchanged from Jan
- don't necessarily have to wait until effects of mon pol emerges in economy to take next steps
- started neg rates so that BOJ can ease in 3 dimensions
And because there's little else left in the locker?
Meanwhile we're seeing some strong yen demand with USDJPY down to 113.16 dragging GBPJPY to 161.20 and GBPUSD down through 1.14250 support/bids.
EURJPY 125.48 drags EURUSD to test 1.1080 support and AUDJPY to 84.53 sees AUDUSD at 0.7474
