BoJ Governor Ueda: Will respond appropriately to changes in the economy
Source Fxstreet
The Bank of Japan (BoJ) Governor Kazuo Ueda was out with some comments earlier this Monday, saying that he had hoped to make the central bank's policy framework simpler and easier to understand if economic conditions allowed while assuming his post a year ago.
Ueda added that he was able to fulfil the mission as the economy was in fairly good shape in the previous fiscal year and that the central bank will respond appropriately to economic changes under the new policy framework.
Market Reaction:
The comments, meanwhile, do little to provide any impetus to the Japanese Yen (JPY), which remains well within the striking distance of a multi-decade low touched against its American counterpart last week.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
The dollar weakened, equities fell, and gold set new records on Wednesday as investors waited for a Fed rate cut later in the day.
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
Bitcoin network realizes $1.99 billion in losses, rivaling the 2022 Luna crash, though analysts view the $67,000 flush as a cyclical cleanse rather than a structural breakdown.
Silver price (XAG/USD) recovers some lost ground to near $76.60 during the Asian trading hours on Friday. The white metal suddenly fell late Thursday, pushing silver down more than 11%.
Bitcoin is nearing a level on the MVRV ratio that historically lines up with market “undervaluation,” according to CryptoQuant contributor Crypto Dan, as traders look for signs that a four-month
Related Instrument
