• Japan’s PM Kishida expects BOJ to continue efforts to meet the price target

Market news

15 June 2022

Japan’s PM Kishida expects BOJ to continue efforts to meet the price target

Japanese PM Fumio Kishida was on the wires in the last minutes, via Reuters, noting that he expects the Bank of Japan (BOJ) to continue efforts to meet the price target.

Additional quotes

Monetary policy can affect currencies.

Line separating win and loss in forthcoming upper house election is whether ruling bloc will maintain majority.

Market reaction

USD/JPY is unfazed by these comments, as it currently trades at 134.42, down 0.76% on the day. The pair is following the price action in the US dollar and the yields.

Market Focus
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