The Bank of Japan (BOJ) Governor Kuroda is on the wires now, via Reuters, noting that we have various options to ease monetary policy.
Additional Comments:
Shouldn’t judge BOJ tools just by looking at short-term policy target level alone.
BOJ policy can be very accommodative as compared to the Fed, ECB.
USD/JPY continues to trade better bid around 108 handle, supported by growing US-China trade optimism, as markets look to China’s Liu and US President Trump’s meeting later today at 1845 GMT.
Share
