BOJ’s Ueda: we have not changed policy because Japan’s inflation is not sustainable

  • It is true that the yen has weakened recently
  • It is possible that inflation will fall under 2% in the future

Well, the headline remarks certainly isn’t one that will help the yen out too much. As highlighted here, the currency is facing big pressure against European currencies in particular this week.

This article was written by Justin Low at www.forexlive.com. Source