BoJ Comments Target Yen, We Stay Bullish USD vs EUR
- By Bilal Hafeez
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- 1 min read
BoJ Governor Ueda made comments over the weekend about possibly ending the BoJ’s negative rates policy. But given recent wage data was not a blowout, nor is domestic demand particularly strong, we think it was an attempt to strengthen the yen.
BoJ Governor Ueda made comments over the weekend about possibly ending the BoJ’s negative rates policy. But given recent wage data was not a blowout, nor is domestic demand particularly strong, we think it was an attempt to strengthen the yen.
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