BoJ Governor Kuroda: Financial system is maintaining stability -CPI- expected to be slightly negative or around 0% for time being. To maintain QQE with negative interest rates for as long as necessary. Will add stimulus via cutting rates or boosting QE if needed. Keep an eye out for China news
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JPY dropped once markets heard Japan PM Abe's comment about stimulus preparation being implemented ASAP & Former FED Chairman Bernanke 2 meet with BOJ 2day.
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BOJ Cut inflation forecast ! www.theglobeandmail....boj/article30880639/ Do read below, my last comment 2 know Why JPY shot down
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Important article .. also I'll update Jpy news on this chart since there are 2 up here already. www.bloomberg.com/ne...-mounts-on-abenomics
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exited with + 624 pips. next week is troubling with Eur & Gbp statements. will look 2 buy again next week
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2nd run watch for further details from Abe
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2nd run, conservatively bought at 116.3 ****
