Wednesday , 12 February 2025
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Bank of Japan Governor Ueda has not said much at all so far

I posted headline comment earlier:

So far, that’s it from him, Reuters have a recap up, this is it, In full!

  • Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will continue to conduct its monetary policy with the aim of achieving its 2% inflation target sustainably and stably.
  • Ueda made the comments at parliament, when asked about the exit from the BOJ’s massive stimulus policy.

C’mon Mr. U, get on with it!

USD/JPY has been sitting at its session high:

I’ve had a bit more time to seek out possible resistance other than the circa 153.90 read I said earlier. Well, I haven’t come up with much since then ….

This article was written by Eamonn Sheridan at www.forexlive.com.

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