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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