The yen saw moderate weakness, with both USD-JPY and EUR-JPY nudging out a five-day highs at 123.80 and 139.48, and GBP-JPY making new seven-year highs. This's followed remarks by BoJ Governor Kuroda, who made a big show of retracting his comments last week during a parliamentary hearing that the yen was "unlikely to weaken further in real effective terms.." He stressed that he didn't mean to try and predict future nominal yen direction, and that he wasn't intending to say that he's not seeking a weaker yen.
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