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BoJ could ease in forthcoming meetings - FXStreet

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Guatemala) - The USD/JPY retreat from the 118.90 region, but the slide was limited by buyers surging at 118.16, the daily low.

    Key Quotes:

    "Trading mid-range, the Japanese yen remains weak after BOJ's Governor Kuroda stated in Davos, last Saturday, that the Central Bank “won’t hesitate adjusting policy, including easing policy, if necessary to achieve our 2% price target,” fueling speculation more easing will be announced during the upcoming meetings."
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