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USD/JPY limps towards an unchanged day as BOJ speculation swirls

USD/JPY limps towards an unchanged day as BOJ speculation swirls

The market was caught off guard in Tokyo trade on a report that Amamiya had turned down the role as BOJ Governor and that 71-year-old Kazuo Ueda was going to get the job.

Ueda wasn't even on the long list of names people were speculating about, he wasn't even a dark horse.

The immediate reaction was a hawkish one with USD/JPY tumbling. Since then, the market appears to have concluded that it doesn't really know much about Ueda. That sentiment was hardened when he Read More

Posted: Feb 10 2023, 20:09
Author Name: forexlive
Views: 082394

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