BOJ’s Kuroda does not see big impact from US rate hike

FXStreet (Mumbai) - Bank of Japan governor Kuroda, during the Q&A session at the press conference, said the bank does not see a big impact from the US interest rate hike.

Key Quotes related to FX

“It is not appropriate to comment on fx level, speed of moves”

“Effect of weak yen vary depending on sector”

“BOJ agrees with G7 stance that fX should move stably and reflect fundamentals”

EUR/JPY muted around 136.25, awaits US data

The cross in the EUR/JPY trades muted in the European morning, although recovered from session lows reached following the release of disappointing German macro data.
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Inflation will be low in next 6 months – BOE’s Broadbent

The Bank of England deputy governor Broadbent was on the BBC radio on Friday stating that inflation will remain low in next 6 months.
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