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Published: 2024-09-11T04:34:41.000Z

USD/JPY flows: Refreshing Yearly Low

byCephas Kin Long Yung

FX Analyst
1

BoJ policy board member Junko Nakagawa reinforce the latest hawkish BoJ rhetoric 

BoJ policy board member Junko Nakagawa reinforced the latest hawkish BoJ rhetoric by almost repeating what other BoJ members and Ueda said, "appropriate to adjust monetary policy if economic picture aligns with forecast".  It seems to suggest the BoJ is ready to hike again the coming or next meeting.

USD/JPY moved to test yearly low at 141.04 currently, down 0.97% for the session.

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Topics
Foreign Exchange
FX DM
Flows
USD/JPY-Commentary

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