BOJ raises economic assessment for two of Japan's nine regions

Dhwani Mehta FXStreet

In its latest quarterly report released on Monday, the Bank of Japan (BOJ) upgraded its economic assessment for two of Japan’s nine regional economies.

Key details

“Many areas were seeing their economies picking up as a trend.”

“The BOJ cut its assessment for two other regions.”

“The central bank left its view for the remaining areas unchanged.”

USD/JPY consolidates above 111.00

USD/JPY is consolidating in a narrow range above 111.00, benefiting from a touch firmer US dollar, as the greenback pares post-NFP losses.

The spot was last seen trading at 111.10, up 0.07% on the day.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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