BoJ's governor Ueda: BoJ is implementing policies to achieve stable 2% inflation

Ross J Burland FXStreet

Bank of Japan's governor Ueda Kazuo has stated that the BoJ is implementing policies to achieve stable 2% inflation.

Key quotes

Government financial management would not obstruct BoJ policy.
We must consider several scenarios for fed moves.
We want to analyze policy's good impacts and side effects.

USD/JPY update

USD/JPY pares the biggest daily loss in a month around 139.00 as yields stabilize after a slump

Bulls are moving in andthe necklineof the M-formationis eyed.

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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