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BoJ and Fed Speakers Hold the Key to Near-Term Trends
BoJ and Fed Speakers Hold the Key to Near-Term TrendsNext![These ASX 200 gold shares are making hay amid the rising gold price]( "These ASX 200 gold shares are making hay amid the rising gold price")
These ASX 200 gold shares are making hay amid the rising gold price
These ASX 200 gold shares are making hay amid the rising gold price
More again from Bank of Japan Governor Ueda, this time on the JPY:
- Cannot say decisively that weak yen is negative for Japan’s economy
- Weak yen pushes up
domestic inflation via rise in import costs - Weak yen is positive
for exports, profits of globally operating Japanese firms - Won’t comment on FX levels
Ueda has been very vociferous today:
- Bank of Japan Governor Ueda says Japan’s economy is recovering moderately
- More from BOJ’s Ueda on conditions for ending YCC and negative rates
This article was written by Eamonn Sheridan at www.forexlive.com.
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