BOJ governor turns his attention to FX rates 16 June 2016
- will monitor moves carefull
- yen gains that don't reflect economy undesirable
- various ways to respond to surge in dollar cost
- always checking dollar funding costs for Japanese banks
- won't hesitate to add stimulus if needed
- declines to comment on possibility of emergency BOJ meeting
USDJPY 103.69 after 103.55 lows. GBPJPY down to 146.40 kicking GBPUSD down to 1.4123
