BOJ’s Kuroda tries to justify low USD/JPY via broad USD weakness

By FXStreet BOJ Governor Kuroda is appearing in Japan’s parliament, noting that its not just yen that is rising, but also broad dollar weakness, in an attempt to justify the sharp falls in USD/JPY.

Kuroda added: “Investors’ excessive risk aversion has kept major stock markets weak, dollar weak as a trend since BOJ’s adoption of negative rates.”
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Source:: FX Street