News just breaking. Bank of Japan governor Kuroda speaking with BBC Radio 4 21 July
- if necessary can add stimulus in 3 dimensions
- determined to rid Japan of its deflationary mindset
- there are no significant limitations to further monetary easing if needed
Next BOJ decision due next week on 29 July
Earlier I had this story behind the initial drop from 107.50 and 118.50
Yen pairs dumped but USDJPY finding demand into 105.80 yet again. A real line in the sand and option expiry interest there today.
Currently 106.14 with GBPJPY tumbling and pushing GBPUSD through 1.3200 to post 1.3156 before bouncing back to 1.3190
EURUSD 1.1034 underpinned by large option interest I've been highlighting this morning in various posts/comments.
Blink and you miss it time again.
