Buying pressure on the yen, uncertainty over Mr. Ueda, and stock price declines ahead of the weekend
Both the dollar-yen and the cross-yen traded with heavy topsides during the London lunch hour. After Ueda’s appointment as the new governor of the Bank of Japan, which became a hot topic on the day, the yen exchange rate rose sharply, and then the exchange rate returned sharply. Deputy Governor Amamiya, who was considered a […]