BOJ’s Kuroda - QQE with negative interest rates are having intended effects on economy

Bank of Japan (BOJ) governor Kuroda, while speaking in Parliament, said QQE with negative interest rates is having intended effects on economy.

Key Quotes

Negative rates will surely improve people's lives

Spending is resilient, hopes it will increase strongly

`GBP/USD meets fresh supply, eyes 1.3900

The GBP bulls lost control ahead of European open, sending GBP/USD lower towards 1.39 handle amid risk-off led by the Chinese stocks slump.
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EUR/USD forecast: focus on EMU, US data – Commerzbank and UOB

EUR/USD has managed to bounce off recent lows in the mid-1.0900s and it has regained the 1.10 handle ahead of significant data in the euro area and the US due later in the session...
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