BoJ's Kuroda: While there are some indicators of weakness in the Japanese economy, the trend is upward | Crypto Craft

  • BoJ's Kuroda: While there are some indicators of weakness in the Japanese economy, the trend is upward

Added at 7:58pm

Added at 7:58pm

Added at 8:13pm

  • BOJ Gov Kuroda says BOJ will maintain ultra-loose monetary policy

    From forexlive.com

    Bank of Japan Governor Kuroda: • Japan's economy showing some signs of weakness but picking up as a trend • Japan's economy likely to recover as impact of COVID-19 , supply constraints eases • Japan's core consumer inflation moving around 2% • Uncertainty regarding japan's economy is very high • Japan's financial system stable as a whole • Must be vigilant to impact of financial, currency market moves and their impact on Japan's economy, prices • BOJ will maintain ultra-loose policy to stably achieve 2% inflation target • BOJ stands ready to ease policy further without hesitation as needed • Japan's ... (full story)

Comment Options
iefx
Jul 11, 2022 3:42am
Permalink
Quoting Bakker
Conflicting statements over and over again.
He was dovish since 2013. Dont expect anything hawkish from this man
Reply
Bakker
Jul 11, 2022 1:39am
Permalink
Conflicting statements over and over again.
Reply
iefx
Jul 10, 2022 9:06pm — Edited
Permalink
Quoting goldieboy
usd/jpy 137 now
Later some of the BOJ members will babbling about the weakened yen. In the same time BOJ keep easing its policy. I didnt know whats in their mind. His comment also make confusing
Reply
iefx
Jul 11, 2022 7:24am — Edited
Permalink
Quoting Momofrmnyc
{quote} I'm starting to think Kuroda was just born dovish.
Already memorized all the script from BOJ members, including their finmin. "Intervention...Watched the fx moves closely...ultra loose monetary". The facts, they did nothing. Walk the talk? Nope, just talk the talk. Almost 10 years, the yen have been devaluated and BOJ really happy about that
Reply
jordanvic
Jul 11, 2022 1:40am
Permalink
U/J the gift that keeps on giving. Thank you Kuroda
Reply
Momofrmnyc
Jul 11, 2022 7:10am
Permalink
Quoting iefx
{quote} He was dovish since 2013. Dont expect anything hawkish from this man

I'm starting to think Kuroda was just born dovish.
goldieboy
Jul 10, 2022 8:44pm
Permalink
usd/jpy 137 now
Reply
sammysmiles
Jul 11, 2022 11:08am
Permalink
In the long run, Japan gains.
As a major exporter, they get more value for their goods and services.
And almost all locally consumed goods are 99% indigenous.
A weak currency only affects a consuming economy not a producing one like Japan.
Reply
donroyalfx
Jul 11, 2022 2:12am
Permalink
USDJPY its expected 100% on Friday @ NFP
Reply
Trader#1BF1
Jul 10, 2022 9:09pm
Permalink
Beginning of the week Asian Market make trapped by a Market maker. I think USD/JPY and GBP/JPY will go reverse down.
Reply
  • Story Stats