Prior +0.4% This article was written by Justin Low at www.forexlive.com.
USD/JPY hits the skids in fall to 155.00USD/JPY hits the skids in fall to 155.00
A first taste of intervention play by Tokyo perhaps? The pair is being quickly bought up though as the volatility swing sees it back up […]
Japanese yen surge being very quickly fadedJapanese yen surge being very quickly faded
The volatility swing is in full action for the Japanese yen right now. USD/JPY saw a very quick drop from around 156.60 to 155.00 before […]
BOJ governor Ueda says will adjust degree of monetary easing if underlying inflation risesBOJ governor Ueda says will adjust degree of monetary easing if underlying inflation rises
Easy financial conditions will be maintained for the time beingMonetary policy conduct from now on will depend on state of economy, prices at the timeWill […]
France April consumer confidence 90 vs 92 expectedFrance April consumer confidence 90 vs 92 expected
Prior 91 French household confidence remains sluggish in April, falling back and continuing to keep below its long-term average of 100. There is more pessimism […]
BOJ governor Ueda says will continue to watch impact of FX on economy, pricesBOJ governor Ueda says will continue to watch impact of FX on economy, prices
If FX fluctuations affect underlying inflation, that could be a consideration for monetary policyWeak yen is not having a big impact on trend inflation so […]
BOJ governor Ueda says chance of a prolonged weakness in the yen is not zeroBOJ 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 yearBut FX impact on inflation is usually tentative The headline remark is […]
USD/JPY not waiting around for Ueda to finish up, jumps higherUSD/JPY not waiting around for Ueda to finish up, jumps higher
There was some profit-taking in the run up to Ueda’s press conference. But as soon as he started speaking, the focus has been more on […]
If our forecasts materialise, achievement of 2% inflation target is extremely close – UedaIf our forecasts materialise, achievement of 2% inflation target is extremely close – Ueda
Forecasts, schmorecasts. It’s tough to even make a call six months from now, let alone talking about projections in a year or two. Besides, their […]
USD/JPY ramps higher as Ueda loses controlUSD/JPY ramps higher as Ueda loses control
BOJ governor Ueda is still speaking but he’s not saying anything about the currency and recent developments. He’s preaching to the choir in saying that […]