BoJ’s Uchida: Japan's economy recovering moderately albeit with some weak signs
Source Fxstreet
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Friday that “Japan's economy recovering moderately albeit with some weak signs.”
Additional quotes
Underlying inflation likely to gradually accelerate.
Uncertainty surrounding Japan's economic, price outlook remains high.
Must be vigilant to financial, FX market developments and their impact on Japan’s economy, prices.
BoJ will decide specifics on bond tapering plan, size of reducting in bond buying will likely be significant.
Japan's financial system remains stable as a whole.
Market reaction
At the time of writing, USD/JPY is adding 0.04% on the day to trade near 159.00.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Bitcoin price surges toward $72,000, driving a collective rally in crypto concept stocks, with MicroStrategy extending gains by 10%.In pre-market trading on August 20, Eastern Time, Bitco
As of the Asian session on August 20, gold prices (XAUUSD) surged again today after breaking above $4,500 on Wednesday, reaching a nearly two-month high of $4,527.12 before pulling back i
The cryptocurrency market staged a strong rebound, with Bitcoin (BTCUSD) surging over 8% intraday to approach $70,000, reaching its highest level since early June and recording its larges
The US Treasury Department said on Wednesday that it will buy back more of its longer-term bonds, in an effort to curb a sharp increase in borrowing costs, the Wall Street Journal reported.
As of the Asian session on August 19, gold prices (XAUUSD) maintained a weak rebound intraday, rising about 0.2% on the day to trade near $4,340. Earlier on Tuesday, gold prices fell near
Related Instrument
