Japan finance minister Suzuki:
Monetary policy specifics are up to the BOJ to decideNo comments on Bank of Japan Deputy Governor Uchida’s commentsClosely watching market developmentsAim to support wage growth outpacing inflation through various policies
Stock market determined by economic situations, forex, corporate
activities and various othersAlgorithm trading
one of various factors, not a single reason for market routClosely watching
volatile stock moves but not in phase of making actual action
ICYMI, Uchida:
ForexLive Asia-Pacific FX news wrap: BOJ’s Uchida triggered a sharp yen declineThe Bank of Japan is in no mood to tangle with equity markets and it’s safe to re-enter the carry trade.
USD/JPY update:
This article was written by Eamonn Sheridan at www.forexlive.com.
