BOJ: Seeing some jittery movements in US dollar funding market

Dhwani Mehta FXStreet

The Bank of Japan (BOJ) is out with its statement on Monday, in response to the global coordinated policy action deployed by the Fed and RBNZ late Sunday.

There is no specific country, region, financial institutions that are facing difficulty in dollar funding.

Seeing some jittery movements in US dollar funding market.

BOJ will strive to maintain smooth market functioning.

USD/JPY Price Analysis: Pulls back from 61.8% Fibonacci, 200-day SMA on Fed’s action

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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