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BOJ Kuroda: Desirable for Forex to move in way reflecting fundamentals

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    BOJ Chief Kurod keeps pressing the wires, noting that it is desirable for forex rates to move in way reflecting fundamentals.


    Desirable for forex rates to move in way reflecting fundamentals

    QQE, negative rate policy exerting intended effects

    Positive effects of QQE, negative rate policy, on economy, prices to appear ahead

    BOJ's monetary easing may affect yen, stock moves by prompting investors to shift funds out of JGBs and into stocks, foreign bonds

    Main transmission channel of our policy is to push down yield curve, lower real interest rates by heightening inflation expectations

    Recent risk-aversive moves are excessive, out of line with fundamentals

    Don't think BOJ is taking incremental approach on monetary easing
    For more information, read our latest forex news.

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