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Home
> Central Banks
> USD/JPY dropping away as BOJ Gov nominee Ueda continues speaking
Central Banks
JPY

USD/JPY dropping away as BOJ Gov nominee Ueda continues speaking

Eamonn Sheridan
Eamonn Sheridan
Friday, 24/02/2023 | 00:55 GMT
24/02/2023 | 00:55 GMT
  • 0

So far Ueda is no rocking the boat, sounds much like Kuroda:

BOJ Ueda: standard monetary policy to not immediately respond to supply-driven inflation

USD/JPY popped initially but is sinking now:

usdyen ueda testimony 24 February 2023

I expect it'll be choppy. Ueda is not promising much in the way of policy change at present.

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