Home BOJ’s Kuroda: Closely monitoring the market moves

BOJ’s Kuroda: Closely monitoring the market moves

Published date: 24 Mar. 2020 | 04:57

Bank of Japan (BOJ) Governor Kuroda is on the wires now, via Reuters, noting that they are closely monitoring the market moves.

He added that the exchange-traded funds (ETF) paper loss is estimated to be about JPY 2-3 trillion now.

USD/JPY reaction

USD/JPY is consolidating the early drop to 110.10 region, now trading around 110.35 amid broad US dollar weakness and gains in the S&P 500 futures.

The market mood in Asia remains lifted amid Fed’s unlimited QE and the prospects of the US Congress relief deal.

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