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
Metaplanet added another 797 BTC to its treasury.
Bitcoin market participants hold divided views for short-term price action, with targets ranging vastly between $150,000 and a potential drop back to $70,000.
ECB Policy Outlook for 2026: What It Could Mean for the Euro’s Next MoveWith the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
With the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
EUR/USD steadies near 1.1650 ahead of US Nonfarm PayrollsEUR/USD holds ground after five days of losses, trading around 1.1650 during the Asian hours on Friday. Traders remain cautious ahead of the US Nonfarm Payrolls (NFP) report, which is expected to offer further insight into labor market conditions and the Federal Reserve’s (Fed) policy outlook.
EUR/USD holds ground after five days of losses, trading around 1.1650 during the Asian hours on Friday. Traders remain cautious ahead of the US Nonfarm Payrolls (NFP) report, which is expected to offer further insight into labor market conditions and the Federal Reserve’s (Fed) policy outlook.
Bitcoin (BTC) steadies around the key technical support on Tuesday after its recent correction. The Crypto King’s next directional move could hinge on this key technical zone.
Related Instrument
