Published: 2025-10-03T01:39:33.000Z
USD/JPY flows: Waiting for the weekend LDP leadership election
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BoJ Gov Ueda: To raise rates if economy, prices, move in line with forecasts
Japan's August unemployment rate 2.6%
On Friday, we are hearing some token remarks from BoJ's Ueda on raising rates if economy, prices, move in line with forecasts. However, he is very reserved on forward guidance as the LDP leadership over the weekend will have a significant impact towards the fiscal policy. The top contender for the Japanese PM seems to be tilting towards more fiscal spending and may affect/direct BoJ's policy decision.
USD/JPY is trading 0.28% higher at 147.67 as August unemployment rate rises to 2.6%.