BOJ’s Kuroda: It’s too early to consider exit from powerful monetary stimulus


Commenting on the exit from the stimulus policies, the Bank of Japan (BOJ) Governor Haruhiko Kuroda said that it’s too early to consider an exit from a powerful monetary stimulus.

Additional quotes

No central banks in the US, Europe heading for an exit from stimulus policies.

No preset mind on whether to change 10-year yield target range.

Volatility in the stock market remains high globally.

The global stock market rise reflects recovery expectations.

Related reads

USD/JPY struggles near two-week lows, below mid-103.00s

BOJ’s Kuroda: Government, central bank corporate funding support is exerting its effects

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.

Feed news

Latest Forex News


Latest Forex News

Editors’ Picks

AUD/USD: Run-up to 0.8000 slows down near 36-month top amid mixed clues

AUD/USD struggles to keep recovery moves above 0.7879 above 0.7900. Powel matched expectations of reprinting cautious optimism, tried to placate reflation fears. Australia’s Q4 Wage Price Index, risk catalysts in the spotlight.

AUD/USD News

Gold: Bears engaging below firm resistance, targetting $1,750

The daily chart shows that the price has been resisted at the structure and a 50% mean reversion of the last bearish impulse which has proven to be a firm resistance. 

Gold news

RBNZ Preview: To hold fire, upgrade its economic forecasts

New Zealand’s relative success in combating the coronavirus pandemic has propelled a swift economic recovery. Therefore, the Reserve Bank of New Zealand (RBNZ) could remain in a wait-and-see mode on Wednesday before it announces any adjustments to its monetary policy decision later this year.

Read more

Crypto market menaced as it bleeds amid $6 billion liquidations

Cryptocurrencies are gasping for air after corrections occurred across the board. The bloodshed has seen Bitcoin lose over 14% in 24 hours, testing support at $45,000. Ethereum did not escape the freefall, which has led to losses below $1,500.

Read more

US Dollar Index: Formidable support is located at 90.00

DXY tests and rebound from the key 90.00 neighbourhood. Further south of this level comes in the 2021 lows at 89.20.

US Dollar Index News

Forex MAJORS

Cryptocurrencies

Signatures