BoJ’s Ueda: Won’t hesitate to take additional easing measures if necessary
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for FREE REGISTER to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level1)]
Following the Bank of Japan’s decision to leave the policy settings and forward guidance unchanged at the January policy meeting, BoJ Governor Kazuo Ueda said that the Japan’s economy is expected to gradually pick up ahead, per Reuters.
Ueda added that the likelihood of achieving the 2% inflation target is rising gradually, while saying that they must continue to carefully watch financial and foreign exchange market moves and the impact on prices and the economy.
He further reiterated that they won’t hesitate to take additional easing measures if necessary and noted that they will be closely watching the outcome of spring wage negotiations.
USD/JPY stays under modest bearish pressure following these comments and the pair was last seen losing 0.2% on the day at 147.83.
[/s2If]
Nehcap Trading Strategies
The NEHCAP currently runs the following trading systems for clients. They can be bought and run on your funds.
The system is trading live: LIVE ACCOUNT TRACKING
Contact Us: Contact
The HFT_FIX can be run free for 2 weeks on any broker with a ECN. Apply for a free trial
Join Our Telegram Group
