Japan’s Aso says BOJ’s monetary easing has helped weaken yen and assist exporters

Japanese fin min Aso on the wires 2 Nov

  • exports doing better thanks to current yen level
  • coordination between fiscal and mon pol has worked well under Kuroda
  • Kuroda has caused big changes to BOJ mon pol
  • expects Abe/Trump meeting to focus more on security than economy
  • Abe has instructed me to secure an end to deflation, proceed with consolidation

USDJPY suitably unfazed by any of it and 113.87 after failing into 114.00
                              More of the same expected from Abe and Aso Article Source

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