• BOJ’s Kuroda: Recent yen weakness is negative for Japan's economy

Market news

2 November 2022

BOJ’s Kuroda: Recent yen weakness is negative for Japan's economy

Bank of Japan (BOJ) Haruhiko Kuroda is back on the wires now, via Reuters, making some comments on the exchange rate value.

Key quotes

Recent yen weakness raises uncertainty on the outlook, and is negative for Japan's economy.

Dollar gaining strength against almost all other currencies.

Don't think dollar's solo strength to last indefinitely.

Related reads

  • BoJ's Kuroda:  Appropriate to continue monetary easing to support economy for now
  • USD/JPY Price Analysis: Bears flirt with weekly support above 147.00
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.