The Governor of the Bank of Japan (BoJ), Haruhiko Kuroda, has expressed his opinion on inflation and the prospects for monetary policy, as reported by Reuters. Key Comments: The 2% inflation target is helping to stabilize exchange rates. It is not necessary to change the inflation target of 2%, is a global standard and should […]
Tag: COMBAT
Kuroda says it’s too early to discuss exiting stimulus policy
Additional comments of Bank of Japan (BoJ) Governor Haruhiko Kuroda from the press conference following Friday’s monetary policy meeting. He is not thinking of widening the JGB performance band for now. Is too early to discuss exit from stimulus policy. The BoJ chose to conduct a follow-up to Topix for ETF purchases to reduce the […]
Kuroda says it is appropriate to continue with the current policy framework
Haruhiko Kuroda, Governor of the Bank of Japan (BoJ), has said that board members believe that it is appropriate to continue with the current policy framework at his press conference after the monetary policy meeting scheduled for Friday. Additional comments: The new interest program will further alleviate the impact of lowering rates. Fee levels in […]
The excessive reduction of long-term interest rates could negatively affect economic activity
Now they present the key findings of the Bank of Japan’s (BoJ) monetary policy review, which has been released alongside the statement of monetary policy this Friday. Key Comments: An excessive reduction in long-term interest rates could negatively affect long-term economic activity. It will direct the control of the yield curve, prioritizing keeping the yield […]
BoJ expands JGB yield target band and lowers ETF purchase target
The Bank of Japan (BoJ) has kept its key policy rate unadjusted at the end of its March monetary policy review meeting held on Friday. The central bank has dropped the key rate stable at -10bp while maintaining its commitment to buy J-REITS at an annual rate of up to 180 billion yen. The BoJ […]
Remains trapped within a range below multi-month highs prior to the BoJ
USD / JPY remains trapped within a range since the beginning of this week. The formation of a rectangle marks a brief pause in the recent uptrend. Investors now await the Bank of Japan’s monetary policy decision before positioning themselves for the next move. The USD / JPY pair moves with a slight positive bias […]
USD / JPY slightly positive after hitting fresh multi-month highs around 109.35 region
USD / JPY is moving higher for the third day in a row, reaching new multi-month highs. Risk appetite sentiment weighs on the safe-haven JPY and supports the pair’s upward move. The recent rally in US bond yields benefits the USD and provides additional momentum. The USD has gained some positive traction during the Asian […]
Bank of Japan to clarify what it considers an acceptable level of fluctuation in long-term yields – Reuters
The Bank of Japan (BoJ) is likely to introduce clearer guidance in your monetary policy statement next week on what you see as an acceptable level of fluctuation in long-term interest rates, Reuters reported on Friday, citing Japanese central bank sources. “While there is no consensus within the BoJ, the guidance may take the form […]
USD / JPY at seven-month highs near 107.00 as Fed / BoJ divergence drives further higher
USD / JPY is at seven-month highs near 107.00 and appears poised for a fifth straight day of gains. Risk appetite, central bank divergence and strong US data are cited as bullish factors. Another day, more hike for him USD/JPY. The pair, which is currently trading at seven-month highs not far from the 107.00 level […]
Central bank ready to defend yield curve ahead of policy review – Bloomberg
The officials of the Bank of Japan (BoJ) are ready to defend the risk of Japan’s benchmark bond yield rising too high ahead of a policy review later this month, although yields have not reached the 0.2% level, Bloomberg reports, citing people familiar with the matter. The BoJ has a flexible range of motion of […]