Bank of Japan (BoJ) Board Member Shirai Speech

The Bank of Japan has one Governor, two Deputy Governors, the Members of the Policy Board (six), the Auditors (three or fewer), the Executive Directors (six or fewer), and the Counselors (a few).

BoJ Board Member Speech may affect JPY rate depending on its rhetoric. If some hints at tightening of the monetary policy by the Bank of Japan are detected in the speech, it may affect JPY positively.

Important people tend to avoid making explicit statements as they avoid having a significant impact on the market. The announcement is in Japanese, so the decision on the comment can be made faster by native Japanese investors.