Yen to fall, after the statement of Kuroda, the dollar with growth in the Asian session
The yen declined in early Asian session in which no important news and Chinese markets rest.
The yen fell after the speech of Harukiho Kuroda, President of the Bank of Japan, which was a statement to the Budget Committee. Kuroda said that the BoJ monitor a Japanese bonds and negative interest rates, which are part of the plan to reach the inflation target to 2%.
USD / JPY is trading at 119.05, up 0.1% while the AUD / USD marked values from 0.7794 – a growth of 0.1%. The euro fell against the dollar, the price of which is currently trading in is 1.1360, which is also a decrease of 0.1%
The dollar remained supported after better data today from US aid applications from unemployed that showed 283,000 compared to the previous data of 304,000 or decrease of 21 000. Analysts had expected 293,000, which boost the greenback.
The euro remains weak against most world currencies after yesterday again no agreement was reached between Greece and European lenders such as Germany declined 6-month extension on the grounds that “it is not a solution.”
Investors will continue to monitor the situation in Ukraine and whether there will be a prompt solution to the Greek problem in the coming days.