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BOJ's Uchida: Decision to make YCC flexible not a move towards ending ultra loose policy
If economy, prices remain roughly unchanged, don't expect rates to rise sharplyBOJ will curb excessive rise in long-term ratesDoes not want to comment on day-to-day FX movesBut it is very important for exchange rate to move stably, reflecting fundamentalsThis builds from his earlier remarks here. For now, there is still no indication yet that they are stepping in too strongly in the JGB market as 10-year yields hit 0.626%. This article was written by Justin Low at www.forexlive...
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Posted: Aug 2 2023, 05:16
Author Name: forexlive
Views: 080844