Published: 2024-05-17T04:36:27.000Z
USD/JPY flows: Following USD moves

FX Analyst
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Bank of Japan Governor Ueda says he has no immediate plan to sell the Bank's ETF holdings
The latest BoJ JGB purchase operation sees no change to the amount purchased which seems to suggest the BoJ is not pushing forward less easing. Ueda also says he has no immediate plan to sell the Bank's ETF holdings, all does not point to a hawkish tilt. JGB yields are outperforming the U.S. Treasury counterpart.
USD/JPY is trading 0.26% higher at 155.77.