Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Tuesday that the central bank “will guide policy appropriately with a close eye on domestic, overseas economic developments.”
Additional quotes
“Expect the global economy to recover driven by advanced economies.”
“Uncertainty over global economic outlook heightening due to inflation in Europe, US as well as rising omicron cases.”
Market reaction
USD/JPY is sitting at over one-month highs near 115.50, up 0.13% on the day. The above comments failed to have any impact on the major, as it remains at the mercy of the dynamics in the US Treasury yields.