BOJ's Kuroda - Will continue expanding monetary base until inflation stably exceeds 2%

Comments from Bank of Japan (BOJ) governor Kuroda crossing the wires-

  • Japan's economy expanding moderately
  • Bank of Japan will maintain QQE with yield curve control for as long as needed to achieve 2% inflation in stable manner
  • BOJ will adjust mon pol as needed to maintain the economy's momentum to achieve its price target
  • Will continue expanding monetary base until consumer inflation stably exceeds 2%

Australia National Australia Bank's Business Confidence above forecasts (6) in September: Actual (7)

Australia National Australia Bank's Business Confidence above forecasts (6) in September: Actual (7)
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USD/JPY bulls got what they needed from Kuroda, an excuse to test the 112.99 fibo again

Currently, USD/JPY is trading at 112.80, up 0.05% on the day, having posted a daily high at 112.81 and low at 112.62. USD/JPY is picking up a little
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