BOJ’s Sakurai: Trump’s eco policies will be among key factors that will drive yen moves

Bank of Japan (BOJ) board member Sakurai is back on the wires now, via Reuters, commenting on the exchange rate levels and bond buying.

Key Headlines:

Sees no big swings in bond yields or BOJ's JGB buying amounts

Doesn't see big problematic distortion to Japan's REIT market for now as a result of BOJ purchases

In general it's better for forex rates to move stably without big volatility

it's true weak yen pushes up inflation but there's uncertainty on how much further yen will weaken ahead

New US admin's econ pols will be among key factors that will drive yen moves