Bank of Japan (BoJ) Governor Kuroda Speech

Country:
Japan
JPY, Japanese yen
Source:
Sector:
Money

BOJ Governor Speech is an event having the greatest impact on JPY among all public statements made by the Japanese regulator. The Governor's rhetoric reflects the official position of the Bank of Japan.

The BOJ's suggestions for strengthening monetary policy in the Governor's Speech may have a positive impact on Yen. As the BOJ's chief who sets short-term interest rates, he has a great influence on JPY quotes.

Kuroda Haruhiko is the 31st Governor of the Bank of Japan. Before joining the BOJ, he was the President of the Asian Development Bank. Kuroda is said to be an advocate of looser monetary policy in Japan.

Traders are watching over his speech carefully. It is often used to drop subtle hints about future monetary policy and interest rate changes. His comments may determine short-term positive or negative trends.