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  • BOJ's Kuroda blames yen's fall on strong dollar, upbeat on economy

    From reuters.com

    Bank of Japan Governor Haruhiko Kuroda said on Saturday the yen’s recent declines were largely driven by a strong dollar, shrugging off some market views that the widening coronavirus epidemic is triggering an outflow of funds from Asia. video Kuroda also said he had not changed his view that Japan’s economy would continue to recover moderately, suggesting that he saw no immediate need for the BOJ to expand stimulus. “If needed, we will take additional monetary easing steps without hesitation,” he told reporters upon arriving at a Group of 20 finance leaders’ gathering in Riyadh. “But the situation is ... (full story)

Just wait and see. Tomorrow Trump will cause big moves during the market opening. Next week US dollar will decline. That’s the Trump’s wish, not mine.
  •  Guest
  • | IP XXX.XX.22.243
At some point in time market will loose faith. I think we will see the tax cuts soon.
  • Post #3
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  • Edited Feb 23, 2020 6:18am Feb 22, 2020 8:36pm | Edited Feb 23, 2020 6:18am
Markets can stay in a risk-on/off situation longer than we thought ....

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  • | IP XX.XXX.108.182
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  • Story Stats
  • Posted: Feb 22, 2020 10:28am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 3  /  Views: 4,278
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