Japan's Yamamoto: Oct 30 good opportunity for more easing

FXStreet (Bali) - Japan ruling party’s Yamamoto is crossing the wires, via Reuter, noting 30 Oct BOJ meeting would be a `good opportunity' for more easing, adding that is imperative inflation reaches BOJ goal around H1FY16.

Yamamoto also said that Japan needs JPY3.5-5.0 tln inspending in extra budget, and that Japan should issue new JGB’s for stimulus if needed. USD/JPY has spiked over 100 pips to reach a new session high of 121.35.