USD/JPY traders made a setback on Monday as the market sees challenges in the form of coronavirus (COVID-19) resurgence and US-China trade war tension. The Bank of Japan’s (BOJ) latest “Summary of Opinions” has also impacted its role to pull the USD/JPY backward. Reuters has reported that the Bank of Japan can increase transparency and [...]
BOJ's Governor Haruhiko Kuroda said on Monday that the central bank would not stop buying exchange-traded funds (ETFs) or sell them as it tries to make its easing tools more flexible and sustainable under its yield curb control policy. While speaking, Kuroda said its review of the ETF purchases would make it possible for the [...]
The Japanese government is about to decide on Thursday on whether to lift the coronavirus pandemic-induced state of emergency, as the emergency in Tokyo and surrounding regions is set to end on March 21, a news was reported. This came after Tokyo reported 175 new COVID-19 cases Monday, which fell below 200 for the first [...]
Japan's services sector extended declines in February for a 13th straight month, as the business activities was hit by many restraints which are put in place to stop the spread of the coronavirus pandemic, leading to the weak demand. The contraction was hit the services sector came as a state of emergency for Tokyo and [...]
