BoJ Governor Haruhiko Kuroda told the parliament he expected wages to rise “quite significantly”, thanks to improvement in the economy and a tightening job market. Nevertheless, he reiterated that “BoJ must maintain the ultra-easy policy to support the economy and create an environment for firms to hike wages.”
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The Japanese yen is steady on Friday, after gaining 2% over the past three days. In the European session, USD/JPY is trading at 145.52, down 0.09% on the day. Japan’s economy shrinks for first time Read more…
The New Zealand dollar is in positive territory on Friday. In the European session, NZD/USD is trading at 0.5906, up 0.54% on the day. New Zealand inflation expectations rise New Zealand’s two-year inflation expectations climbed Read more…