Will Kuroda’s nomination be bullish or bearish for the yen?
Bullish. Market participants will see his nomination as good for Japan’s economy.
Bearish. The new leadership will likely implement more stimulus measures, which is negative for the yen.
Neither. As evident in the yen’s decline the past few months, Kuroda as the next BOJ Governor has already been priced in.
See this poll on:
Created with the