Published: 2025-02-06T03:36:52.000Z
USD/JPY flows: Hawkish Tamura Kept JPY Supported
FX Analyst
-
Tamura says BoJ must raise short-term interest rates to at least 1% by the H2 fiscal 2025
BoJ hawk Tamura says that BoJ must raise short-term interest rates to at least 1% by the H2 fiscal 2025 and has kept JPY strong. While we are only two full hike away from 1%, the hawkish rhetoric further reinforce market participants anticipation of another rate hike soon.
USD/JPY is trading 0.27% lower at 152.17, the new yearly low.