Japan's Hamada says current yen level not "extremely strong"

Adviser to PM Abe out on the wires 7 April

  • no need for BOJ to raise 10yr JGB yield target just because US yields rise
  • BOJ should raise 10year yield if Japan gets over stimulated
  • natural for cars, agriculture to be in US-Japan talks
  • Tokyo should strongly argue Japan and China have different stances on currency policy

Whatever. Ya da ya da.

USDJPY 100.53 still undecided.

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