BoJ Governor Ueda’s press conference is likely to be a pivotal moment in guiding market participants’ expectations toward monetary policy normalization away from...
The Japanese yen has edged higher for a second straight day. In the North American session, USD/JPY is trading at the 114.00 line. In economic news, Japan releases December inflation data and the BoJ will publish the minutes of its December meeting. In the US, economic releases were mixed. Unemployment claims jumped to 287 thousand, above […]
The US dollar has posted small gains, as USD/JPY briefly punched above the 115 line in the Asian session. The yen looked golden last week with gains of 1.15%, but has given up half of those gains so far this week. BoJ revises inflation forecast The Bank of Japan’s policy meeting are generally uneventful affairs, […]