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Ex-BOJ’s Shirai: USDJPY between 100-110 seems appropriate

Former BOJ board member Sayuri Shirai is on the wires today, commenting on BOJ’s monetary policy program and the exchange rate level.

Key Headlines:

BOJ should slow pace of annual bond buying by JPY 30trln

BOJ may have to raise its 10-year bond yield target to 0.55 this year

USDJPY between 100-110 is deemed appropriate

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EUR/USD hits fresh multi-week lows near 1.0550 region

The EUR/USD pair ran through fresh offers near 1.0585 region and has now slipped into negative territory for the fifth consecutive session.  The pair
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