BOJ’s Amamiya: Liquidity has been falling for certain JGBs

Further comments are crossing the wires by BOJ Deputy Governor Masayoshi Amamiya, with the key points found below.

Need to improve JGB market functioning.

Liquidity has been falling for certain JGBs.

May 23, 2019

AUD/USD remains depressed near multi-month lows, below 0.6900 handle

• Escalating US-China trade tensions continue to dent the already weaker sentiment. • RBA rate cut speculations/prevailing risk-off mood does little

US Dollar Index advances to weekly highs near 98.20

The greenback, in terms of the US Dollar Index (DXY), is extending the up move beyond the 98.00 barrier, clinching at the same time fresh weekly highs