Japan Chief Cabinet Secretary Matsuno comments on the Bank of Japan Tankan report out earlier today:
-
Tankan business sentiment survey shows overall corporate sector is
firm -
Need to closely monitor downside risks including overseas economic
slowdown, rising prices
Rising prices a risk? Does he know what the Bank of Japan have been doing these two decades or so?
USD/JPY is little changed on the session, traders seemingly content to wait for the FOMC later.
This article was written by Eamonn Sheridan at www.forexlive.com. Source