In the midst of confusion in the dollar market, yen selling may once again take the spotlight.
Today, yen selling gained momentum following comments from BOJ Deputy Governor Uchida. His remarks, indicating skepticism toward a path of raising interest rates rapidly even if negative rates are lifted, were well received, leading to a sharp rise in the Nikkei average and pushing the USD/JPY pair from around 148 to the 148.60 range. Market […]