On Friday we had the news drop of a new dove for Bank of Japan Governor:
- Japan government reportedly likely to nominate Kazuo Ueda as new BOJ governor
- What to know about Kazuo Ueda, the man set to take over as the next BOJ governor?
- Ueda says BOJ monetary policy is appropriate, need to continue easy policy
Same as the old dove? Nah, but Ueda will move slowly on any policy changes. Yen hada kneejerk pop but since then has given it all back and some. Its at its highest since the first week of February as I update:
The USD is up more broadly too, EUR , AUD , GBP, NZD, CAD all dribbling lower.