Published: 2026-01-15T05:54:10.000Z
USD/JPY flows: One way traffic
2
BOJ Ueda reiterates sustained wage–price cycle, signals further rate hikes if forecasts hold
Bessent warns on excessive FX volatility in talks with Japan, urges sound communication
We have the usual rhetoric from BoJ Governor Ueda, suggesting more rate hike if forecast hold. He sounds optimistic about the current wage/price setting dynamics, which is the key driver of sustainable inflation growth. The JPY's correction did not gain further momentum on Thursday as we see USD/JPY little changed.
USD/JPY is trading unchanged at 158.42, still hovering at recent high.