• BOJ’s Kuroda: Uncertainty remains high over spread of omicron variant

Market news

17 tháng 12 2021

BOJ’s Kuroda: Uncertainty remains high over spread of omicron variant

The Bank of Japan’s (BOJ) Haruhiko Kuroda said that “uncertainty remains high over the spread of omicron variant,” while speaking at its post-monetary policy meeting press conference scheduled on Friday.

Additional quotes

Will ease monetary policy without hesitation as needed.

Policy decision by other central banks won't influence BOJ’s policy.

Will continue current powerful easing to achieve 2% target.

Desirable for wages and prices to rise in sync.

Achieving virtuous growth is important.

Market reaction

USD/JPY is off the daily lows at 113.44, currently trading at 113.53, down 0.15% on a daily basis. The risk-off market mood is weighing on the yields and, in turn, the currency pair.

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.