USD/JPY stays defensive around 127.00 on softer USD, BOJ-linked chatters By anilpanchal7 USDJPY BOJ Inflation RiskAppetite YieldCurve
That said, the yen pair seems to struggle with multiple mixed catalysts while recently easing to 127.00.
BOJ’s Kuroda recently mentioned that the central bank will continue powerful monetary easing to help the economy recover from a covid-induced slump. On the same line, Japanese Prime Minister Fumio Kishida said on Monday, that his government expects the Bank of Japan to strive to achieve the inflation target.
While portraying the mood, the S&P 500 Futures refresh a three-week high while the S&P 500 benchmark posted the biggest weekly gain in 18 months. 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. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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