BOJ’s Kuroda Says The Central Bank’s Net Worth Would Will Disappear With Only 0.8% Rise of LT Interest Rate

In the Upper Parliament, Governor Haruhiko Kuroda explained how a rise of interest rate would have an impact on the financial soundness of The Bank of Japan.
Since the end of January the BOJ has been working on a negative interest policy.
The lower the interest rate gets, the more fragile the BOJ’s balance sheet gets.
Continue reading BOJ’s Kuroda Says The Central Bank’s Net Worth Would Will Disappear With Only 0.8% Rise of LT Interest Rate

Mizuho says euro could be becoming yen-ized, forming a euro/dollar support level of 1.20

Daisuke Karakama, Market Economist of Mizuho Corporate Bank, wrote to Reuters an article, proposing a hypothesis which euro is being yen-ized under the terrible economy of the euro zone.
As the disinflation is getting worse in the euro zone, euro currency could get stronger, as yen did.
Continue reading Mizuho says euro could be becoming yen-ized, forming a euro/dollar support level of 1.20

JP Morgan says Yen will appreciate, if emerging economies won’t recover

Toru Sasaki, head of Japan rates and foreign exchange research at JPMorgan Chase, wrote an article on recent dollar/yen exchange rate.
He explained the relation among the global economy, the FED’s monetary policy and the dollar/yen exchange rate.
Continue reading JP Morgan says Yen will appreciate, if emerging economies won’t recover