Friday , 20 September 2024
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BOJ governor Ueda says chance of a prolonged weakness in the yen is not zero

  • We can preemptively judge if weak yen affects inflation, spring wage talks next year
  • But FX impact on inflation is usually tentative

The headline remark is not exactly a saving grace for the yen currency. USD/JPY is up to the highs for the day at 156.22 currently.

This article was written by Justin Low at www.forexlive.com.

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