Bank of Japan Governor Ueda is in parliament today:
Heads up for Bank of Japan Governor Ueda to speak today (from 9am Tokyo time)
Ueda:
- Important for forex moves to reflect fundamentals
- Our scheduled review won't have any pre-set idea in mind on specific monetary policy move
- BOJ will take necessary policy action at each meeting, with eye on financial and price developments, even while conducting review
There is nothing here too surprising.
USD/JPY popping a little:
