Trade indices Online
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

BOJ's Kuroda tries to justify low USD/JPY via broad USD weakness

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 24, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    BOJ Governor Kuroda is appearing in Japan's parliament, noting that its not just yen that is rising, but also broad dollar weakness, in an attempt to justify the sharp falls in USD/JPY.

    Kuroda added: "Investors' excessive risk aversion has kept major stock markets weak, dollar weak as a trend since BOJ's adoption of negative rates."
    For more information, read our latest forex news.
     

Share This Page

Trade indices Online