BOJ’s Kuroda: Will continue to closely watch developments of US-China trade talks

Dhwani Mehta FXStreet

The Bank of Japan (BOJ) Governor H. Kuroda is on the wires now, via Reuters, addressing the post-monetary policy press conference.

Key Headlines:

Overseas risks still at high level, warrants attention.

Investors' risk sentiment has improved.

Will continue to closely watch developments of US-China trade talks.

External risks have lowered but still high.

BOJ won't hesitate to ease further if risks to price momentum rise.

Active government spending to support domestic demand.

Appropriate to guide policy with easing bias.

BOJ’s negative rates policy is appropriate.

USD/JPY shows little reaction to BOJ Chief Kuroda's comments so far, keeping its range around 109.60 region ahead of the European open.

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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