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
Billionaire Elon Musk recently raised funds for his two high-profile tech companies, xAI and Neuralink.
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
Silver (XAG/USD) is trading lower in an otherwise calm market session on Thursday.
As of the Asian session on July 30, gold prices ( XAUUSD) surged and then retraced following the Federal Reserve meeting, once falling to $4,028.62 during the session. From a market persp
US President Donald Trump says Iran talks to begin Monday after canceling attackUS President Donald Trump said that fresh round of Iran talks would begin Monday after he cancelled a planned attack on Iran partially in response to pleas from US allies in the Middle East, including Saudi Arabia, Bloomberg reported on Monday.
US President Donald Trump said that fresh round of Iran talks would begin Monday after he cancelled a planned attack on Iran partially in response to pleas from US allies in the Middle East, including Saudi Arabia, Bloomberg reported on Monday.
Related Instrument
