JPYINR Intraday Outlook : 12.04.2017

JPYINR Intraday Outlook : 12.04.2017
NIFTY FUT  TREND             : BUY ZONE
BANKNIFTY FUT  TREND  : BUY ZONE


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Bank of Japan Governor Haruhiko Kuroda said on Wednesday that he will continue with the central bank's quantitative easing and yield curve control policy to meet its 2 percent inflation target. Kuroda also said he did not think the BOJ's asset purchases or expansion of the monetary base are causing any problems for the economy or markets. The yen gained slightly in early Asia on Wednesday as data on machinery orders provided a lift in sentiment and demand was supported by safe-haven buying linked to increased tensions on the Korean peninsula.