21-07-2016 19:53 via feedproxy.google.com

The Japanese yen is surging

The Japanese yen is spiking.
The currency strengthened by as much as 1.0% to 105.83 per dollar around 1:52 p.m. ET.
Earlier in the morning, Reuters reported, citing the BBC, that Haruhiko Kuroda, the Bank of Japan governor, said the central bank won't use "helicopter money" in its battle against deflation.
While it was later revealed the interview took place in mid-June, Reuters says the comments are similar to those made last week by a senior adviser to Prime Minister S
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