Bank of Japan Governor Kuroda has been speaking for around and hour, finally some yen remarks. • No comment on FX levels. • If yen not moves are not too sharp, a weak yen is beneficial to Japan's economy. • Its very important that FX moves stably reflecting fundamentals. • Impact of a weak yen varies, uneven for each entity. • Weak yen is positive for the economy as a whole. • Carefully watching the imp[act of FX on the economy. • No comment on currency policy, this is under the jurisdiction of the Ministry of Finance. • USD/JPY has stabilised a little after rallying sharply in Asian morning trade (and following the ... (full story)