BOJ governor Kuroda still delivering his press conference 28 April
- delay in price target partly reflects smaller than expected wage gains
- BOJ remains strongly committed to achieving price target, target can be achieved
Markets calling his bluff still as yen pairs continue to tumble.
Kuroda's been delivering the same rhetoric for ages now and not backing it up.
USDJPY 108.27 on session lows having triggered stops through 108.70 and 108.50
EURJPY 122.98. More bids/support into 122.70-75.
That makes it the biggest one-day gain for the yen since Aug 2015. Second biggest in 5 years.
