Shibayama: Bank of Japan won't hesitate to respond to excessive FX speculation

Market news

29 June 2016

Shibayama: Bank of Japan won't hesitate to respond to excessive FX speculation

Should not rule out solo fx intervention in the case of excessive yen rises.
BOJ should stand ready to hold emergency policy meeting if market moves become excessive.
Further easing should take into account the fact that negative rates caused a bigger than expected impact.

Economic sentiment in Euro Zone unchanged

Eurozone: Consumer Confidence, June -7.3 (forecast -7)

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