News Formal

BoJ’s Uchida: Will keep a close eye out on moves amid massive market volatility

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

BOJ Notizia

Centralbanks,USDJPY,Volatility

After creating havoc in the Japanese Yen markets, Bank of Japan (BoJ) Deputy Governor Shinichi Uchida is back on the wires now, via Reuters, commenting on the bank’s next policy move, the recent market volatility and the economic outlook.

After creating havoc in the Japanese Yen markets, Bank of Japan Deputy Governor Shinichi Uchida is back on the wires now, via Reuters, commenting on the bank’s next policy move, the recent market volatility and the economic outlook. Key quotes Market volatility very large, so will keep a close eye out on moves and their impact on economy, prices. Real interest rates remain very low and will underpin economy.

There is no gap in views between governor and myself, my comments reflect changes in latest market developments after last week's BoJ meeting. Personally think there are now factors that require more caution about raising interest rates. Market reaction The Japanese Yen trims gains following these above comments, as USD/JPY reverses sharply from near 148.00 toward 147.00. The pair is currently trading at 147.20, still up 2.20% on the day.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 14. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Japanese Yen declines further as BoJ Uchida refuses to raise rates amid market instabilityThe Japanese Yen (JPY) extends its losses against the US Dollar (USD) for the second successive day.
Fonte: FXStreetNews - 🏆 14. / 72 Leggi di più »