BoJ Kuroda’s speech in parliament today apparently gave support to the Japanese yen. Mr. Kuroda mentioned issues over exiting the BoJ’s easy monetary policy.
His comments was a kind of surprise to traders because it was the first time he ever spoke on exiting the ongoing accommodative monetary policy.
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Eko Trijuni has been trading forex full time since 2005. He is now the Head Market Analyst for FOREXimf.com. His specialty is technical analysis.