BoJ’s Kuroda: Central bank will resolutely keep monetary environment easy
|Citing BoJ Governor Haruhiko Kuroda, a Japanese government official said on Wednesday that the Japanese central bank “will resolutely keep monetary environment easy.”
Kuroda added that “the BoJ aims to regain market functionality by tweaking yield curve control operations while maintaining easy monetary environment, the official noted.
In the last hour, the Japanese government downgraded the overall economic assessment for the first time in 11 months.
Market reaction
USD/JPY is testing daily lows just above 130.00, despite the dovish comments and discouraging economic outlook. The pair is down 0.07% on the day at 130.05, as of writing.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.