- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- BoJ’s Nakagawa: Important that FX moves reflect economic, financial fundamentals and move stably
BoJ’s Nakagawa: Important that FX moves reflect economic, financial fundamentals and move stably
Bank of Japan (BoJ) board member Junko Nakagawa said on Thursday, “most important is for FX moves to reflect economic, financial fundamentals and move stably.”
Further comments
See equal degree of upside, downside inflation risks.
Can exit negative rate policy when economy is strong enough to weather headwinds, demand strengthens on prospects of sustained wage growth.
Don't have any preset idea on order, timing and interval on how to phase out ycc, negative rate as that will depend on financial developments at the time.
Can't say now how long it will take to judge whether sustained achievement of 2% inflation can be foreseen.
Won't comment on FX levels.
Monetary policy doesn't directly target FX, cannot do so.
As central bank, BoJ will communicate closely with govt and scrutinize market, FX moves and their impact on japan's economy.
We are controlling yield curve so any improvement in bond market function would be constrained to some extent.
Further tweak to YCC cannot be ruled out as option if inflation expectations heighten more, but this is not an imminent issue now.
Strong outcome in next year's wage talks would be a necessary condition, but not sufficient one, to contemplate ending negative rates.
Want to look at various factors beyond wages in deciding future policy change.
Market reaction
USD/JPY is off the lows, trading at 147.50 on the BoJ commentary. The pair is down 0.09% so far.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
