Price Prediction
Very worried about uncertainty over overseas economy, prices
The Bank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday that he is “very worried about uncertainty over overseas economy, prices.”
Additional quotes
Underlying inflation still remains below 2%.
BoJ ready to conduct bond-buying operation nimbly in exceptional cases when long-term rates make irregular moves.
Market reaction
USD/JPY is holding gains above 148.00 following Ueda’s cautious remarks, adding 0.23% on a daily basis.