Forex - USD/JPY, AUD/JPY Flows: Kuroda: BoJ QQE pushing down yields


Published at 04:32 (GMT) 23 Apr

 

USD/JPY, AUD/JPY Flows: Kuroda: BoJ QQE pushing down yields (PXYC7001)

BoJ Gov Haruhiko Kuroda says BoJ's QQE has strong effect to push down yields. - BBG

On FX, little impact on BoJ Kuroda comments, USD/JPY at 102.53-55, weighed by AUD/JPY selloff. AUD/JPY extends losses, as AUD further Deflated by lower Inflation for Q1. AUD/JPY hit 1-week lows of 95.15-20, down 1 big figure from the pre Aust CPI level of 96.20-25. AUD/JPY, AUD further weighed by concerns over slowing HSBC China Flash PMI, though higher at 48.3, vs March 48.0, but still below key 50.

More stops below key 95.00. as markets seen caught long. USD/JPY offers 102.70-80, bids at 102.40-50 for now. Nikkei +0.65%, China stocks -0.45%. WL

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