BOJ Governor Kuroda Speaks (JPY) – 04/11

What is it? Governor Kuroda isdue to speak at the Kisaragi-kai Meeting, in Tokyo.

As head of the central bank, which controls short term interest rates, he has important influence over the nation's currency value. Traders scrutinize his speeches as they are often used to drop subtle clues regarding future monetary policy and interest rate shifts.

When? November 4th at 9:30pm Eastern Time.

 

 

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the JPY to rise.

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