BoJ’s Kuroda: Will Maintain Ultra-Loose Policy To Stably Achieve 2% Inflation Target, Inflationary Pressure Likely To Heighten As A Trend | Metals Mine

  • BoJ’s Kuroda: Will Maintain Ultra-Loose Policy To Stably Achieve 2% Inflation Target, Inflationary Pressure Likely To Heighten As A Trend

Added at 8:01pm

Added at 8:02pm

Added at 8:11pm

  • BOJ Governor Kuroda says Japan's financial system is stable as a whole - can ease further

    From forexlive.com

    Bank of Japan Governor Kuroda speech: Note his comment on financial stability. Financial stability concerns are often used as a supportive factor by those wanting to reduce policy accommodation. K says its not an issue though. • Japan's economy showing some signs of weakness but picking up as a trend • Japan's economy likely to recover as impact of covid-19, supply constraints ease • Japan's consumer inflation moving around 0.5% • Japan's consumer inflation likely to clearly accelerate pace of increase • there is very high uncertainty on how developments in Ukraine affect Japan's economy and prices via ... (full story)

Comment Options
bartholemew
Apr 11, 2022 10:49pm
Permalink
Yes, but the carry trade "thinks" like an alcoholic - if some is good, more is better. It works until it doesn't, and then when everyone tries to hit the exit at the same time, they get extruded out the other side as unrecognizable goo.
Reply
UKBanter
Apr 11, 2022 4:28pm
Permalink
Most CBs have recently raised rates. BOJ has not budged. Maybe they have worked out (over 30years) raising rates is no longer possible and so did not follow suit. Because of this event, further rate raises with no BOJ response is a sell the yen thing.
Just a thought.
Reply
bartholemew
Apr 10, 2022 8:39pm
Permalink
Yen carry trade - all good and well until geopolitics gets even more deadly...which could happen at any hour of any day these days.
Reply
bartholemew
Apr 12, 2022 1:42am
Permalink
Less than 6 hours to widely-telegraphed hot US CPI numbers - will see soon if there is a USDJPY sell on the news.
Reply
Niru
Apr 10, 2022 10:22pm
Permalink
BOJ, expert currency manipulators.
Niru
Apr 12, 2022 1:18am
Permalink
He must just sit at his big desk all day doing absolutely nothing. Same thing over and over again
Biomaxxfirre
Apr 10, 2022 11:13pm
Permalink
What would happen to AJ in this case?
I had AJ long.
Reply
Trader#6EE0
Apr 10, 2022 8:41pm
Permalink
Those people buying at a high price good luck
Reply
Explorer-1
Apr 11, 2022 9:27am
Permalink
nothing new. in the last month this idiot have said same thing over and over and every time jpy sellout has started.
Reply
Geriliel
Apr 10, 2022 8:33pm
Permalink
Sell yen sell sell
Reply
  • Story Stats