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Bank of Japan Governor Ueda says important for FX to move stably reflecting fundamentals

Bank of Japan Governor Ueda says important for FX to move stably reflecting fundamentals
More again from Bank of Japan Governor Ueda, trying his hand at some verbal intervention to support the yen.Who wants to tell the Gov that a 500-odd bp yield differential between the US and Japan is a very strong fundamental that is moving the USD/JPY rate?Ueda: important for FX to move stably reflecting fundamentalsBOJ hopes to work closely with the government to scrutinise the impact of FX moves on the economy and prices - USD/JPY not doing a lot: This article was written by E... Read More
Posted: Sep 25 2023, 06:52
Author Name: forexlive
Views: 092073

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