US EditionYen Underperforming After ‘Balanced’ Comments from BOJ Ueda - Action Forex
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Yen Underperforming After ‘Balanced’ Comments from BOJ Ueda - Action Forex
Markets The US government shutdown to a large degree translated into a ‘market info shutdown’. US data releases including jobless claims and factory orders were delayed, depriving investors of some potential drivers. Especially jobless claims over the previous weeks showed some (intraday) market moving potential. With no key data in other developed economies like the […] The post Yen Underperforming After ‘Balanced’ Comments from BOJ Ueda appear…
On the 3rd, the yen fell to the upper 147 yen range against the dollar in the Japanese market. Selling of the yen was dominant due to the view that Bank of Japan Governor Kazuo Ueda was not keen on raising interest rates. Bonds rose. Stocks were also bought, and the Nikkei Stock Average hit a new closing high.
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