Forex
globalreutersFebruary 26, 20251 Mins read
Japan top FX diplomat Mimura: Doesn’t see disparity in FX moves and data
globalreutersFebruary 26, 20251 Mins read Comments from Mimura:
- Don’t see any disparity between recent yen moves and recent positive GDP and domestic inflation data
- Understand BOJ has been sending messages on monetary policy outlook taking into account strong economic data and headline inflation figures
- Import prices are also rising due in part to FX factors
USD/JPY has been volatile but has recently trended lower to 149 from 158.
This article was written by Adam Button at www.forexlive.com.
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