That raises a bit of doubts about Japan pushing for a change in monetary policy (or perhaps the opposite depending on how you want to look at it). However, I’d prefer if we do get something more concrete as recent communication has been suggesting that the government does indeed want to seek potential policy changes moving forward – or at least be afforded that flexibility. If anything else, it goes to show how sensitive the currency is at the moment to any headlines surrounding the BOJ and Kuroda’s successor.
