BOJ Governor Kuroda has said that there is no public demand for a central bank digital currency (CBDC) in Japan but encourages the use of private cryptos.
The Federal Reserve is in the spotlight in the upcoming week, but the BOE and the BOJ will also compete for attention. Here are the Forex and crypto events that will happen this week, let's dive deep into it!
The New Zealand Dollar or Kiwi was tumbled during early trading on Wednesday as investors responded to a Reserve Bank of New Zealand interest rate cut.
EURJPY price managed to climb to fresh tops beyond 121.00 the figure earlier in the session, although subsequent JPY strength triggered a correction lower to the current 121.00 neighbourhood.
The Japanese yen strengthened after the Bank of Japan delivered its interest rates decision. As expected, the central bank left interest rates unchanged.
The USDJPY pair continued gaining positive traction for the third consecutive session on Tuesday and built on last week's recovery move from four-week low.
The USDJPY pair managed to stay above the 108 level over the last days and traders bought the greenback on Friday after positive US retail sales.