BOJ’s Kuroda: Exports have recovered to levels before COVID-19 struck

Dhwani Mehta FXStreet

More comments coming in from the Bank of Japan (BOJ) Governor Haruhiko Kuroda, as he now speaks about the economy, in the face of the coronavirus crisis.

Exports have recovered to levels before COVID-19 struck.

Output is making similar moves.

Consumption is picking up somewhat as a whole.

Service spending remains weak.

USD/JPY eyes 106.00

USD/JPY is extending its recovery from daily lows, as the bulls look to recapture the 106 level amid mixed markets.

The spot was last seen trading at 105.84, modestly flat 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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