Bank of Japan (BOJ) will keep supporting the funding of companies closely watching the coronavirus pandemic situation, said Governor Haruhiko Kuroda in his scheduled press conference after the monetary policy decision announced earlier this Thursday morning. Further comments Japanese economy started to pick up -exports, production picking up. Business investment on declining trend -improving in economy only moderate Economic outlook is on a recovery trend -price expectations weakening. Inflation going back to positive territory. Will not hesitate to add easing if necessary. Domestic, external financial markets remain nervous but strain has eased somewhat. Abenomics has helped sustainable growth of Japanese economy. Will continue to underpin japan economy with powerful monetary easing. BOJ to keep close contact with govt in steering monetary policy. Market reaction USD/JPY extends the drop below 105.00, mainly driven by broad US dollar retreat. The yen markets are unperturbed by the above comments from Governor Kuroda. The spot drops 0.11% to 104.83, as we write. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD nears critical support at 1.1750 FX Street 3 years Bank of Japan (BOJ) will keep supporting the funding of companies closely watching the coronavirus pandemic situation, said Governor Haruhiko Kuroda in his scheduled press conference after the monetary policy decision announced earlier this Thursday morning. Further comments Japanese economy started to pick up -exports, production picking up. Business investment on declining trend -improving in economy only moderate Economic outlook is on a recovery trend -price expectations weakening. Inflation going back to positive territory. Will not hesitate to add easing if necessary. Domestic, external financial markets remain nervous but strain has eased somewhat. Abenomics has helped sustainable growth of Japanese economy. Will continue to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
