You Will Have To Pry Kuroda’s ‘Very Powerful Easing’ From His ‘Very Cold, Very Dead’ Hands

Well, the Trump / Kim meeting news came not a moment too soon for USDJPY which desperately needed an excuse to rally and that's just what happened overnight, starting the very second the headlines hit: That took some of the pressure of the BoJ and especially Kuroda, who a week ago rattled FX markets by accidentally using the word "exit" in the same sentence as "policy" at a confirmation hearing. He would subsequently walk those comments back, but the market is hyper-sensitive to that kind of

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