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Dear You guys,
This morning Mr Kuroda speeched for Japan Monetary Policy. We will concentrate his statement as below:
"Next, I will talk about the Bank's conduct of monetary policy. The Bank has been conducting "Quantitative and Qualitative Monetary Easing (QQE) with Yield Curve Control" with the aim of achieving the price stability target of 2 percent."
"Bank will continue expanding the monetary base until the year-on-year rate of increase in the actual CPI exceeds 2 percent and stays above that level in a stable manner. It is crucial that people actually experience inflation above 2 percent and thereby the perception takes hold among them that prices of goods and services tend to go up every year by around 2 percent."
"The Bank continuously conducts purchases of Japanese government bonds (JGBs) to facilitate the formation of the yield curve that is considered most appropriate for achieving the price stability target of 2 percent at the earliest possible time."
Yen will be sold after his speech. It 's a must. I will come back with chart to find the point of entering.
Good luck all !
This morning Mr Kuroda speeched for Japan Monetary Policy. We will concentrate his statement as below:
"Next, I will talk about the Bank's conduct of monetary policy. The Bank has been conducting "Quantitative and Qualitative Monetary Easing (QQE) with Yield Curve Control" with the aim of achieving the price stability target of 2 percent."
"Bank will continue expanding the monetary base until the year-on-year rate of increase in the actual CPI exceeds 2 percent and stays above that level in a stable manner. It is crucial that people actually experience inflation above 2 percent and thereby the perception takes hold among them that prices of goods and services tend to go up every year by around 2 percent."
"The Bank continuously conducts purchases of Japanese government bonds (JGBs) to facilitate the formation of the yield curve that is considered most appropriate for achieving the price stability target of 2 percent at the earliest possible time."
Yen will be sold after his speech. It 's a must. I will come back with chart to find the point of entering.
Good luck all !
