Keeping a close eye on market movesSpecific monetary policy steps up to the BOJ to decideImportant for government, BOJ to closely coordinate on policies
This builds from his earlier remarks here. For now, all of this is keeping USD/JPY from breaking out as the pair trades back to 151.60 on the day. The high earlier was 151.97 for a brief period, which was the highest since 1990.
This article was written by Justin Low at www.forexlive.com.