• BoJ should not raise interest rates for at least half a year.
• Necessary to eventually normalise monetary policy.
• Monetary policy should not be used to manipulate currency rates.
• Effects of currency interventions only have short-term effects.

These are just token remarks and they are not important for the market even though he’s right on everything.

This article was written by Giuseppe Dellamotta at www.forexlive.com.



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