Forex Dictionary

BOJ Governor Shirakawa Speaks

BOJ Governor Shirakawa Speaks

Due to speak at the meeting of credit unions, in Tokyo. Heavy market volatility is sometimes experienced during this press conference as traders attempt to decipher Shirakawa's clues. As head of the central bank's governing body, which is responsible for setting the nation's short term interest rate, his speeches can sometimes cause market volatility as traders react to clues regarding future monetary policy.