More from Kuroda: Current yen level not surprising

BOJ governor Kuroda still up to the mic 20 Dec

  • current level simply where it was around Feb
  • doesn't think yen has weakened excessively at this stage

USDJPY nudging up again on those comments. Currently 117.93. Offers await at 118.00

  • current formation of yield curve appropriate
  • yield curve control is working well

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