• BoJ's Kuroda: Must maintain easy policy to create economic environment where wages can rise more

Market news

3 June 2022

BoJ's Kuroda: Must maintain easy policy to create economic environment where wages can rise more

"Bank of Japan (BOJ) must maintain easy policy to create economic environment where wages can rise more," said BOJ Governor Haruhiko Kuroda on early Friday, per Reuters.

Additional comments

Price rise of goods frequenly purchased could hurt household sentiment, must watch closely.

Undesirable for prices to rise when households' income growth remains weak.

FX reaction

USD/JPY remains pressured below 130.00. around 129.80 by the press time, as traders await the US jobs report.

Also read: USD/JPY Price Analysis: Eases below 130.00 inside bullish pennant

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