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USD/JPY extends to fresh highs on the day as Ueda doesn't walk the talk

After he supposedly let slip on a "quiet exit" in the interview here two weekends ago, there were some quarters of the market that reacted strongly in thinking that a change is afoot at the BOJ. But when it comes down to the line, Ueda is once again disappointing yen bulls. With the chance to clarify his remarks today, he said that during the interview, the point made was that the BOJ needs to patiently continue with easy policy. Surprise, surprise. Not!I had outlined my reservations about Ueda...
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Posted: Sep 22 2023, 06:56
Author Name: forexlive
Views: 091057