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BOJ Gov. Kuroda speaking, has not addressed the sharp fall in the yen (yet anyway)

tradingfxdaily by tradingfxdaily
June 7, 2022
in Forex
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BOJ Gov. Kuroda speaking, has not addressed the sharp fall in the yen (yet anyway)
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Bank of Japan Governor Kuroda:

  • Japan’s economy is improving as a trend
  • Exports, output
    continue to increase as a trend although there is some weakness due
    supply constraints
  • Japan’s economy
    expected to recover ahead
  • Japan’s core CPI
    is likely to keep hovering around 2% for the time being before
    slowing its pace of increase as the boost from energy dissipates

The headlines from his comments are hitting Reuters. They are most notable for not inclduing anything on the yen, so far at least.

Earlier:

Japan finance minister Suzuki says rapid yen moves are inappropriate

USD/JPY update:

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