Forex

USD/JPY has ticked a little bit decrease – we had Kato and Ueda talking


Financial institution of Japan Governor Ueda and Japan finance minister Kato feedback right here:

  • Financial institution of Japan Governor Ueda says tariff negotiations means outlook stays unsure
  • Japan finance minister Kato – Will carefully monitor bond market conditions

The dribble decrease for USD/JPY matched up with the timing however I do not see an excessive amount of of be aware within the remarks. If something, Ueda’s feedback on JGBs are probably bearish yen on the margin. Given the large transfer in a single day although, priced in is apt:

This text was written by Eamonn Sheridan at www.forexlive.com.



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Eamonn Sheridan
Eamonn Sheridan

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