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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

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SP500 PE Ratio vs. CPI Inflation

TOKYO (MNI)

Japan's fiscal situation is 'extremely severe' and the government needs to ensure sustainability, Bank of Japan Governor Haruhiko Kuroda told lawmakers on Tuesday.

However, Kuroda again underlined that the central bank continues to buy huge amounts of JGBs, but the purchases are aimed at achieving the 2% price target and aren't fiscal financing.

The BOJ buys bonds to keep the 10-year yield at around zero percent, and the scale of BOJ JGB buying will be decided on that outcome, Kuroda said.

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