BoJ’s Amamiya: 2% price goal contributes to FX stability in long-term

Haresh Menghani FXStreet

Continuing with his scheduled speech, the newly appointed Bank of Japan (BoJ) Deputy Governor Amamiya was further noted saying that it is necessary for Deputy Gov. to be headed in same direction as BoJ chief on monetary policy and 2% price goal contributes to FX stability in long-term.

The comments, however, did little to influence the Japanese Yen, with the USD/JPY pair holding with modest daily gains just below session tops touched in the past hour.

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Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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