A little taste of disappointment? ...Middle East

It comes after BOJ governor Ueda's remarks earlier in the day here. USD/JPY is now up 0.3% to near 147.40 but is still somewhat contained as sellers stay in control for now:The good news for buyers at least is that they have at least stopped the rot from the last few days. There appears to be some consolidation as sellers struggled to break below 146.50-60 since overnight trading.Ueda's remarks earlier were consistent with what the BOJ has been working towards in recent months. However, he fell short in hinting about anything on exiting negative rates or scrapping yield curve control policy. And that is enough to disappoint yen traders already as seen above.And so, therein lies the risk for

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Last updated : 12 March 2024 clock 07:13 AM

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A little taste of disappointment? ...Middle East

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