Kuroda lost in translation 5 (1)

Earlier USD/JPY rallied on a newswire headline that said:
‚BOJ must keep aggressive easing, even as the yen drops‘
Not so fast.
There’s been something of a correction now as a newswire reports that his comment about aggressive easing ‚wasn’t in the context of yen weakening‘.
That’s why USD/JPY has given some back.

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