Japanese Yen, USD/JPY, United States Dollar, BoJ, Intervention, JGB, Yields, Ueda, Powell – Talking Points
- USD/JPY is considering brand-new highs after getting to higher today
- The BoJ and the Fed seem on varying courses, and it could aid USD/JPY
- The relocates Treasury returns could hold the secret for USD/JPY
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The Japanese Yen is endangering to make one more 10-month reduced to begin Monday after remarks from the leaders of the Bank of Japan (BoJ) and the Federal Reserve show up to have actually opened up eviction for higher USD/JPY.
Speaking from Jackson Hole over the weekend break, BoJ Governor Kazuo Ueda claimed, “We think that underlying inflation is still a bit below our target, this is why we are sticking with our current monetary easing framework.”
The market has …