Forex Top Team

Focus on the Dollar/Yen Reaction to the BOJ Governor’s Press Conference

Focus on the Dollar/Yen Reaction to the BOJ Governor’s Press Conference In today’s New York foreign exchange market, the initial focus will be on how US participants assess BOJ Governor Ueda’s press conference. After the reaction to domestic news has settled, trading will continue with a normal focus on US interest rate movements. Economic data […]

At the beginning of the week, there is a lack of significant catalysts, and there is strong anticipation of the Bank of Japan (BoJ) keeping its policies unchanged in tomorrow’s meeting.

Monday starts with a lack of significant catalysts, and there is strong anticipation of a Bank of Japan (BoJ) meeting tomorrow that will likely result in a policy hold. Today being Friday, it’s a time when weekend adjustments can easily occur. However, in the Tokyo market, the USD/JPY pair briefly reached 148.80, marking the highest […]

US FOMC, ECB, Bank of Japan Monetary Policy Announcement next week

This week has seen a strengthening in USD, but the reasons behind its rally are questionable. There seems to be a correction in the market after a continuous 6-day USD decline until last week. Various factors are influencing the market sentiment. For USDJPY, BOJ Governor Kuroda’s reaffirmation of the easing stance cooled down the YCC […]

BOJ Governor Ueda Cools YCC Revision Speculation, Dollar-Yen Decline Lulls

  Shutaro Ueda, the Governor of the Bank of Japan (BOJ), poured cold water on the speculation of Yield Curve Control (YCC) revision, and the decline in USD/JPY seems to have paused. In today’s Tokyo market, USD/JPY is trading in the 139 yen range. It has regained some ground after last week’s decline to the […]

BOJ Decides to Continue Large-Scale Monetary Easing, Maintains Price Outlook

According to the Bank of Japan’s monetary policy decision on the 16th, they have decided to continue their current large-scale monetary easing policy centered around Yield Curve Control (YCC). There were no significant changes in their perception of the economy and prices. In a survey conducted by Bloomberg among 47 economists from the 1st to […]