Japanese Yen struggles to lure buyers; looks to BoJ Governor Ueda's speech for fresh impetus – FXStreet
Japanese Yen attracts some sellers following the release of softer domestic data. A small US dollar recovery from the trough over a few months will lend you more support to USD/JPY. JPY has little movement after BOJ's decision not to change short-term interest rates. The Japanese Yen (JPY) has been moving little after the Bank […]
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 […]
Japanese Yen remains heavily offered after BoJ Governor Ueda's remarks, holds above YTD low – FXStreet
After the Bank of Japan announced its policy decision, the Japanese yen depreciated across the board. The Bank of Japan raised interest rates for the first time since 2007 and also abolished the YCC policy. Hawkish expectations from the Fed push the USD to a two-week high, supporting USD/JPY. The Japanese Yen (JPY) saw typical […]