Japan’s Nishimura: Up to the BOJ to decide monetary policy

Dhwani Mehta FXStreet

Japanese new Economy Minister Nishimura is on the wires now, via Reuters, noting that “our hope on BOJ is not about additional monetary policy easing”.

He added that it up to the BOJ to decide monetary policy.

The Yen remains under pressure amid risk-on market profile after the US President Trump bolstered US-China trade deal hopes. USD/JPY trades at fresh multi-week tops near 108.30, up +0.12% so far.

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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