Japan ex-MOF Watanabe: BOJ not targeting specific rate for the yen

Former executive secretary to Japan’s Minister of Finance (MOF) Kiichi Miyazawa was on the wires earlier on the day, speaking in a Bloomberg TV interview.

Key Headlines:

FX Market Has Benn Volatile Due To Surprises

Money market well-functioning

New Korean president will have some effect on FX market

Need to watch price growth cautiously

BOJ not targeting specific rate for the yen 

FX rate has no effect on current-account surplus

Trade balance doesn't affect FX rates too much