BOJ's Kuroda: Will monitor spillover from easing in developed markets into emerging markets
From fxbriefs.com
In other words, he’ll watch if BOJ easing is spilling over into emerging markets. It is spilling over into USD/JPY at the moment, as that pair goes parabolic after the ECB rate cut. USD/JPY jumped to 97.84 from 97.35 a short while ago. Mr. Market likes his liquidity to come in all flavors, apparently, Asian, American and now European.
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