FXStreet (Guatemala) – The USD/JPY retreat from the 118.90 region, but the slide was limited by buyers surging at 118.16, the daily low.
Key Quotes:
“Trading mid-range, the Japanese yen remains weak after BOJ’s Governor Kuroda stated in Davos, last Saturday, that the Central Bank “won’t hesitate adjusting policy, including easing policy, if necessary to achieve our 2% price target,” fueling speculation more easing will be announced during the upcoming meetings.”
(Market News Provided by FXstreet)