USD/JPY sticks to intraday losses below 147.00
Dear beloved readers, greetings! In a recent interview with Yomiuri Shimbun, Kazuo Ueda, the Governor of the Bank of Japan (BoJ), explained that the monetary policy adjustment in July is "a mechanism to balance the effects and side effects" of monetary easing measures.
These comments sparked a significant increase in the value of the Japanese yen, pushing down the USD/JPY exchange rate to 146.67 in early trading. The currency pair is currently licking its wounds at around 146.500, marking a 0.67% decrease for the day.
These comments sparked a significant increase in the value of the Japanese yen, pushing down the USD/JPY exchange rate to 146.67 in early trading. The currency pair is currently licking its wounds at around 146.500, marking a 0.67% decrease for the day.
Kommentera:
good luck everyone
Kommentera:
following the Reserve Bank of Australia's (RBA) decision to maintain the Official Cash Rate (OCR) at 4.10% last week, the central bank has explained that this choice allows them more time to assess the impact of the recent rate hike and to evaluate the economic outlook.
Kommentera:
At the time of the survey, the US Dollar Index (DXY) measuring greenback fluctuations with 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased slightly by 0.25%; to 104.85.
