Japanese Yen rallies after BoJ Governor Ueda's remarks; USD/JPY slides below mid-157.00s – FXStreet

The Japanese yen is attracting new buyers in response to Bank of Japan Governor Ueda's hawkish comments. However, investors remain uncertain about the timing of the Bank of Japan's next interest rate hike. The risk-on mood and the recent widening of the Japan-U.S. yield gap may limit the yen's appreciation. Following Bank of Japan Governor […]