21 Mar 2017
BOJ’s Iwata: JPY could weaken vs USD based on interest rate differentials
BOJ board member Iwata crossed the wires last minutes, via Reuters, making a speech in parliament.
Key Headlines:
JPY Could Weaken Vs USD Based On Interest Rate Differentials
Stresses Rate Differentials Are Not Only Factor In Determining FX Levels
Difficult to narrow output gap weak yen