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BOJ’s Kuroda: Yen rises had negative effect on big manufacturers' sentiment

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    More headlines flowing in from the BOJ Chief Kuroda via Reuters, as he comments on the Yen and overall Japanese economic growth.

    Key Quotes:

    Don't think Japan economy heading toward slump

    Exports and output are showing some weaknesses due to effect of emerging market slowdown

    Yen rises had negative effect on big manufacturers' sentiment

    We're seeing quite weak indicators on private consumption

    There are doubts on whether private consumption is as weak as GDP, household spending data suggest

    Won't comment on FX policy, currency levels
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