Bank of Japan (BoJ) Governor Kazuo Ueda spoke on Saturday at the annual meeting of the Japan Society of Monetary Economics. He said that there was 'a
Bank of Japan Governor Kazuo Ueda spoke on Saturday at the annual meeting of the Japan Society of Monetary Economics. He said that there was "a distance to go" for BoJ before exiting its ultra-loose"The objective of the Bank's monetary policy is achieving price stability, which is its mission as stipulated by law. Considerations of the Bank's finances, etc.
"A central bank's ability to conduct monetary policy is not impaired by a temporary decrease in its profits and capital, provided that it conducts appropriate monetary policy,"Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.The AUD/USD pair trades sideways below the mid-0.6400s during the early Asian session on Monday. The Australian Dollar sell-off pauses due to the upbeat Chinese PMI data. However, the stronger UD Dollar might cap the upside of the pair. The EUR/USD plummeted to 1.0487 on Wednesday, its lowest since early March, as investors continued to seek refuge in the US Dollar.
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