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Published: 2024-05-17T04:36:27.000Z

USD/JPY flows: Following USD moves

byCephas Kin Long Yung

FX Analyst
1

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.

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Topics
Foreign Exchange
FX DM
Flows
USD/JPY-Commentary

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