Would adjust policy if needed – BoJ’s H.Kuroda

Once again, BoJ Governor H.Kuroda has reiterated the central banks remains ready to use every possible policy tool in order to achieve its targets, stressing at the same time that there is no limits to monetary policy.

Kuroda also added that a decrease in purchases of JGBs does not mean policy has changed. In the same line, he stressed that an acceleration of the monetary base and an expansion of asset purchases will remain as policy options.

USD/JPY has come down below the 101.00 handle following Kuroda’s comments, looking to find support in the 100.80 region.