BOJ: comments from Kuroda
USD/JPY is trading around 98.00 after the speech of the Bank of Japan’s Governor Kuroda.
According to Kuroda, Japanese economy is picking up, and exports begin to improve because of the weaker yen. At the same time, uncertainty remains high and the central bank will have to watch economic and market developments very closely. There are both upside and downside risks to economy and price stability, said Kuroda. The BOJ will adjust its policy as needed.
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