Forex – USD/JPY, NZD/JPY Flows: MoF Aso: lots of progress in meet with Shirakawa

January 19, 2013 by stanh
Filed under FX News

Published at 03:40 (GMT) 17 Jan MoF Taro Aso said made a lot of progress in meeting with BoJ Gov Masaaki Shirakawa. Discussed joint BoJ-Government statement on monetary policy with BoJ Gov and Econs Akira Amari. On FX, USD/JPY up at 89.93-95 from 89.87-88 on MoF Aso comments that they made lots of progress – more BoJ Easing + 2% inflation target? More upside seen. USD/JPY eye 31-month highs of 90.14 again. NZD/JPY off lows, now at 75.08-12, up from 75.00-02. Eye 4-year 4-month highs of 75.80