The Japanese yen weakened on Wednesday following Bank of Japan Governor Haruhiko Kuroda said aggressive easing would continue, as asset prices and financial markets were not overheated.
Speaking before the Lower House of Parliament’s Financial Affairs Committee, Kuroda added there was no asset bubble in the country at this point.
The yen closed at 124.37 per US dollar.
Also, Japan core machinery orders leaped 3.8% in April, while corporate good price index climbed 0.3% in May.
The material has been provided by InstaForex Company – www.instaforex.com