Japan prime FX diplomat Mimura: Doesn't see disparity in FX strikes and knowledge

Feedback from Mimura:

• Do not see any disparity between latest yen strikes and up to date optimistic GDP and home inflation knowledge
• Perceive BOJ has been sending messages on financial coverage outlook making an allowance for robust financial knowledge and headline inflation figures
• Import costs are additionally rising due partially to FX components

USD/JPY has been unstable however has lately trended decrease to 149 from 158.

This text was written by Adam Button at www.ubaidahsan.com.



Source link